402 St Paul Pl

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402 St Paul Pl

Baltimore, MD 21202
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel located at 402 St Paul Pl in Baltimore.
  • Property position sits directly across from Mercy Medical Hospital.
  • Site offers potential for diverse commercial or medical-related development projects.
  • Located in the dense urban center of the Baltimore region.
  • Proximity to major health infrastructure supports potential operational synergies.

What's Special

Situated at 402 St Paul Pl in Baltimore, MD, this commercial land parcel occupies a strategic position directly across from Mercy Medical Hospital. The site benefits from its central location within the city, an area defined by dense urban development and high institutional activity. With its proximity to major healthcare infrastructure, the property is positioned to serve a variety of commercial or medical-related development needs. Baltimore remains a significant economic hub in the Mid-Atlantic, anchored by a diverse mix of education, health systems, and government institutions. This location provides access to the established downtown core, benefiting from consistent foot traffic and the connectivity afforded by the city's primary transit corridors. Investors and developers have the potential to leverage the parcel's specific proximity to Mercy Medical to support ongoing regional growth and urban densification efforts within the 21202 ZIP code.

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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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