Baltimore · Commercial sale
Matama buys 1520 S Caton Ave in Baltimore for $6.94 million
A commercial property at 1520 S Caton Ave, Baltimore sold for $6,940,000 on August 19, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $6,940,000
- Sold
- August 19, 2026
- Property type
- Commercial property
- Lot size
- 140,263 sq ft
- Year built
- 1960
A commercial property at 1520 S Caton Ave in Baltimore sold for $6,940,000 on August 19, 2026, nearly double what it last fetched, according to the City of Baltimore's real property records. The price is 98% above the $3,500,000 paid in 2021, the most recent earlier sale on record.
The record also puts the sale 90% above the property's market value on record, which stands at $3,648,000.
South Caton Avenue LLC is listed as the seller and Matama LLC as the buyer. An aerial photo of the property shows a large parking lot on a site that sits at a street corner.
The City of Baltimore's records show a 1960 construction date and a 3.22-acre lot.
What this sale costs to close
What does closing cost at this price? Under Baltimore City custom the seller's larger charges are $72,870 for the county transfer tax (Baltimore City) and $39,905 for the recordation tax (Baltimore City). The seller's estimated net is $6,872,363 before brokerage commissions and any loan payoff. A cash buyer would need about $7,150,238 at closing.
Source: City of Baltimore, Real Property Information (Open Baltimore), document XAC29364-0229. Property details: City of Baltimore. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
