900 Wolfe StBaltimore, MD 21231

  • Office buildings
  • 35,414 SF
For Sale

Property Details for 900 Wolfe St

Year built
2003
Lot size
0.27 AC
Property size (Sq ft)
35,414 SF
Zone code
C-1
Property type
Office buildings
APN
02-06-1873 -001
APU
2061873001

Description

This exceptional 32,500 square foot Class A office building, located at 900 S Wolfe St in Baltimore, MD 21231, presents a unique owner-user opportunity. Built in 2003, this three-story building sits on a 0.27-acre corner lot and offers stunning water and city views. The property features exposed brick, wood floors, and exterior decks, creating a sophisticated and inviting atmosphere. The interior boasts a versatile layout with double restrooms on each floor, elevator access, and ample parking for 50 vehicles. With 10,500 square feet on the first floor and 11,000 square feet on each of the upper two floors, this property is ideal for a variety of uses. Its C-1 zoning provides flexibility for various commercial ventures. The building's location in Baltimore's vibrant Fells Point neighborhood offers a quiet setting, yet is conveniently located near a park and boasts easy access to the city's amenities. Currently vacant, this property is ready for immediate occupancy and represents a rare opportunity to acquire a distinguished presence in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,636,076
    6.5%
    $7,048,686
    7%
    $6,545,208
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,227,895
    Geo Method
    $2,227,895
  • Alternative Use

    Use
    Valuation
    Residential
    $8,740,371
    Hospitality
    $8,006,132
    Educational
    $6,661,008
    Medical
    $6,890,090
    Retail
    $10,361,568
900 Wolfe St, Baltimore, Maryland

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.2817
Longitude
-76.5901
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
$100,980
$1,180,500
$3,098,300
$4,278,800
-
$1,180,500
$3,098,300
$4,278,800

FAQs

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