3843 PARK HEIGHTS AVE

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3843 PARK HEIGHTS AVE

BALTIMORE, MD 21215
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel available for purchase in Baltimore
  • Located at 3843 Park Heights Ave in Maryland
  • Property situated within the established Greenspring submarket
  • Site dimensions and layout suitable for residential development
  • Asset provides access to local Baltimore transit infrastructure

What's Special

Situated within the Greenspring area of Baltimore, this residential land parcel at 3843 Park Heights Ave provides an immediate development presence in a well-established urban landscape. The site is positioned to benefit from the ongoing revitalization efforts and infrastructure investment characteristic of the Baltimore metropolitan region, which remains a key hub for regional commerce and housing demand. With its location in a dense residential submarket, the property serves as a functional choice for residential development projects aimed at increasing local housing stock. Investors and developers will find the parcel accessible to major transit corridors and local amenities that define this section of the city. The lot offers a clear opportunity for tailored residential construction suited to the needs of the surrounding community, supported by the stable economic foundations found throughout the Baltimore market. This acquisition represents a strategic land holding for those looking to expand their portfolio within Maryland’s largest city.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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