901 Carey StBaltimore, MD 21223

  • Industrial properties
  • 38,985 SF
For Sale
$2,800,000 View listing

Property Details for 901 Carey St

Year built
1930
Construction
BRICK
Lot size
0.84 AC
Property size (Sq ft)
38,985 SF
Zone code
R-8
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
21-04-0266B-040
APU
21040266B040

Description

This exceptional 38,985-square-foot industrial property, situated on a 0.84-acre lot in Baltimore's vibrant Pigtown neighborhood, presents a compelling adaptive reuse opportunity. The three-story building, constructed in 1930, offers significant potential for redevelopment. Its strategic location near Interstate 95, the 125-acre Carroll Park (complete with a golf course and jogging trail), Price-Rite Marketplace, the B&O Railroad Museum, and the Horseshoe Casino/Warner Street Entertainment District (including Topgolf, Paramount Baltimore, Checkerspot Brewing Company, and M&T Bank Stadium) provides unparalleled access to amenities and transportation. Zoned R-8, Multi-Family Residential District, this property allows for a maximum building height of 45 feet, opening up a range of residential development possibilities. The asking price is $2,800,000. This is a rare chance to acquire a substantial property in a rapidly growing area with significant upside potential. The property's size and zoning make it ideal for a variety of residential projects. Don't miss this opportunity to capitalize on the thriving Pigtown market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,621,713
    Hospitality
    $8,813,437
    Educational
    $7,332,676
    Medical
    $7,584,858
    Retail
    $11,406,386
901 Carey St, Baltimore, Maryland

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.2824
Longitude
-76.6367
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,736
$72,900
$382,000
$454,900
-
$72,900
$382,000
$454,900

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