5837 York Road
Baltimore, MD, 21212 $ 595,000
Baths0.0 Monthly Estimate*
$ 4,156
Studio
for $595,000. The lot size is 0.16.
Located less than 1,000 feet from the bustling intersection of York Road and Northern Parkway, this development opportunity benefits from a prime location with a daily traffic flow of 13,800 vehicles. The intersection of Northern and York sees traffic counts as high as 28,000 daily. Situated on the side of the street where commuters head home, it offers convenient access to York Road, a major north/south thoroughfare connecting northern Baltimore City with central Baltimore County. Adding to its allure, the historic Senator Theatre stands proudly across the street, serving as a magnet for visitors from all corners of the globe. Belvedere Square, one block north, attracts over 10,000 visitors a week with its mix of restaurants, shops and hosted events. Comprising three legal lots, the C-2 zoning classification offers a versatile array of potential uses, encompassing multifamily dwellings, retail spaces, restaurants, or office establishments. The property boasts an impressive 200 feet of frontage along York Road, facilitating visibility and accessibility. It further benefits from utility connections, including a 10-inch water supply connection on York Road and an 8-inch sewer connection located in the rear alley. Under By-Right provisions, a developer possesses the potential to construct up to 120 apartments on this site, with no parking requirements. The propertys elevation relative to the York Road sidewalk ranges from approximately 3 feet on the southern end to 6 feet on the northern end. It is worth noting that, as part of a Planned Urban Development (PUD), certain usage restrictions apply that may deviate from the typical allowances under C-2 Zoning regulations. The seller is in talks with the community about removing the PUD; call us for details.This development opportunity lies within a three-mile radius of five prestigious colleges and universities, positioning it as an ideal choice for off-campus housing, tapping into the substantial disposable income of this demographic. Within a 15-minute drive time, a thriving community boasts 212,121 households and a population of 455,655 individuals, as per the 2020 Census. The York Road Corridor serves as a retail hub, anchored to the south by prominent retailers like Staples and extending an impressive three miles north to the ever-popular Towson Town Center. Here, youll find a blend of national giants such as Giant Foods, Chipotle, Panera, and PetCo, alongside local businesses like Ayd Hardware, a family-owned establishment that has proudly served the community since 1974. Convenient transportation access is another highlight, with swift connectivity to I-83 for travel north or south achievable within a mere ten minutes. Furthermore, 5837 5841 York Road enjoys a location along the CityLink Red bus line, recognized as the most heavily utilized MTA bus route, ensuring effortless accessibility for both residents and visitors alike.
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FeaturesGeneralSewer Public Hook/Up Avail
Possession Settlement
Zoning C-2
Property SubType Land
Tax Year 2023
Current Use Vacant
Percent Ownership Fee Simple
Municipality Baltimore City
Section 53
County BALTIMORE CITY
Property Type Land
HOA / Comm Assn N
Possible Use Financial Food & Beverage Apartments Florist/Nursery Multi-Family Office Parking Professional Service Restaurant Retail
Water Access Y/N N
Status PENDING
Directions GPS
City BALTIMORE
Buyer Agent Compensation 3
Lot Size Square Feet 6783.00
Waterfront Y/N N
Street Name YORK
Tax Annual Amount 3200.0
Clean Green Assessed Y/N N
Price Per Sq Ft 87.72
Additional Parcels Y/N N
Vacation Rental Y/N N
Days on Market 31
Standard Status Pending
Legal Subdivision Ward 27
Tax Lot 007
Buyer Agent Compensation Type % Of Gross
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ExteriorWater Source Public Hook-up Available
Water View Y/N N
Lot Size Acres 0.16
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByBen Frederick Realty, Inc.Broker
will@benfrederick.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,156
- Monthly Property Taxes
- $267
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Baltimore, MD
Average List Price $137,119
Percent of Sale Price 77%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/19/2024 | $595,000 | | Listed Price |