One Light
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Low ConfidenceBased on 3 comparable office sale listings in the area.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $23.00/SF | — | direct_comps |
| Utilities | — | 3.2¢/kWh | OpenEI URDB |
| Labor Index | — | $1628/wk | BLS QCEW |
Source Provenance (1)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| OpenSearch Listings | comparable_listings | 3 | — | real-time | — |
Description
Now available for lease, office One Light located at 1 Light St Baltimore, Maryland 21202. Available square footage 27,029 SF.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Market Context
As of Q1 2026, the Baltimore office market showed a 15.0% vacancy rate, and rents up 9.0% year over year. Source: Cushman & Wakefield Q1 2026 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 CBRE data (cap rate 7.5%, asking rent held flat).
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Compare it against other office listings for sale in Baltimore, MD to benchmark pricing and space — view the full market.
Office market FAQ
- Is the Baltimore office market tightening or softening?
- Vacancy is around 15.0%, with asking rents rising year over year (Q1 2026).
Unified Estimate
Medium ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
Sale Price History
2005 – 2023 · county sold comps + market trendsFIPS 24510
- Avg Rent ($/SF/yr) (market data)
- Median $/SF (sold)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Financing Assumptions
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Sold Comps
Q1 2026Sold median $234/SF is 206.2% above asking avg $76/SF
Source: maryland_sdat · County FIPS: 24510
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: office in baltimore, MD
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Contact Broker
Anne Marie Paintsil
Antony Gross
Peter Jackson
Listed by
JLL