Transfiguration Parish - office in Baltimore, MD
Office

Transfiguration Parish

775 W Hamburg St, Baltimore, MD 21230

Price

Price on request

Square Feet

29,638

Description

Transfiguration Parish - Available for sale

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

775 W Hamburg St, Baltimore, MD 21230

Marker
Leaflet © OpenStreetMap contributors

Property Details

Building Size29,638 SF
Year Built1897

Market Context

This office in Baltimore, MD is listed for sale across 29,638 SF. The building dates to 1897. It has been on the market for 142 days.

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 confidence
Projected asking rent
$26.78/SF/yr
Estimated sale value
$164–$214/SF

Modeled 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).

View the full Baltimore Office market report →

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

Low Confidence
$145.28/SF-$196.56/SF
Mid: $170.92/SF
Total estimate for 29,638 SF
$5,065,727

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

2005 – 2023 · county sold comps + market trendsFIPS 24510

Medium Confidence
  • Avg Rent ($/SF/yr) (market data)
  • Median $/SF (sold)
  • Vacancy %
Q2 '05Q3 '20Q4 '20Q3 '23Q4 '23Q3 '25Q4 '25Q1 '26$0$150$300$450$6000%10%20%30%40%
Market asking rent (quarterly avg)Median sale price / SFVacancy rate (right axis)P25–P75 IQR band

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

YoY Growth:-0.5%
Avg Weekly Wage:$1,576

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population850,796
Median Income$92k↑ 23%
College Educated36.9%↑ 3.5pp
Median Age39.7 yrs
Median Home Value$349k
Unemployment4.9%↑ 1.3pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Sold Comps

Q1 2026
Median $/SF$234
Avg $/SF$291
25th–75th Percentile$185 – $366
Sample Size12 transactions
CountyBaltimore City

Sold 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

More Office for Sale in Baltimore, MD(5)

Contact Broker

Listed by

Cushman & Wakefield