400 Pratt StBaltimore, MD 21202

  • Office buildings
  • 158,912 SF
For Lease
$22.32/SF/YR View listing

Property Details for 400 Pratt St

Year built
1982
Construction
BRICK
Lot size
0.32 AC
Property size (Sq ft)
158,912 SF
Zone code
C-5DC
Property type
Office buildings
APN
04-11-1381 -004
APU
4111381004

Description

This Class A, 12,305 square foot office building at 400 East Pratt Street, 8th Floor, Baltimore, MD 21202, offers a variety of executive office, coworking, and creative office spaces. The building, renovated in 2019, boasts 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available. Located in Baltimore City County, this property provides convenient access to Thurgood Marshall Airport and excellent rail links to major East Coast cities. The building features stunning harbor views, including the historic Inner Harbor's Civil War-era warships. Amenities include a business lounge, coffee bar, state-of-the-art video conferencing facilities, and on-site parking. The vibrant Inner Harbor offers numerous dining options, providing employees and clients with ample opportunities for relaxation and entertainment. This exceptional location and modern amenities make this property an ideal choice for businesses seeking a prestigious and functional workspace. Elevators are available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $34,265,100
    6.5%
    $31,629,322
    7%
    $29,370,084
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,997,154
    Geo Method
    $9,997,154
  • Alternative Use

    Use
    Valuation
    Residential
    $39,220,360
    Hospitality
    $35,925,636
    Educational
    $29,889,708
    Medical
    $30,917,662
    Retail
    $46,495,104
400 Pratt St, Baltimore, Maryland

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.287
Longitude
-76.6093
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
$506,597
-
-
$21,465,967
-
$2,070,000
$20,089,600
$22,159,600

FAQs

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