502 Sharp StBaltimore, MD 21201

Property Details for 502 Sharp St

Year built

2008

Lot size

8.00 AC

Property size (Sq ft)

3,920 SF

Zone code

2-3

Property type

Banks

APN

22-02-0688A-012

APU

22020688A012

Description

This exceptional retail opportunity presents 17,536 square feet of vacant space within the secure Federal Reserve Bank Building located at 502 S Sharp St, Baltimore, MD 21201. The property is situated in Baltimore County and offers multiple tenancy options, with spaces ranging from a minimum of 973 square feet to a maximum contiguous space of 5,583 square feet. The entire 17,536 square feet is currently available for lease. This presents a unique chance to establish a presence in one of downtown Baltimore's most secure and prestigious buildings. The building's secure environment offers peace of mind and a high level of safety for both businesses and customers. The address provides excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. This is an exclusive opportunity to lease space in a highly desirable and secure location in the heart of Baltimore's downtown area. The property's location offers convenient access to major transportation routes and a thriving commercial district. Interested parties are encouraged to inquire for further details and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $1,242,506

  6.5%

  $1,146,929

  7%

  $1,065,006

• Comparable approach

  Method

  Valuation

  Relative Method

  $621,450

  Geo Method

  $621,450

• Alternative Use

  Use

  Valuation

  Residential

  $967,478

  Hospitality

  $886,204

  Educational

  $737,312

  Medical

  $762,669

  Retail

  $1,146,929

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.2824

Longitude

-76.6182

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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