Baltimore · Commercial sale
K2 Realty 1600 Ridgley Street buys 1600 Ridgely St in Baltimore for $7.5 million
An industrial property at 1600 Ridgely St, Baltimore sold for $7,500,000 on September 29, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $7,500,000
- Sold
- September 29, 2026
- Property type
- Industrial property
- Lot size
- 164,690 sq ft
- Year built
- 1984
At $7,500,000, the industrial property sold for 2.4 times its recorded market value of $3,128,700, according to City of Baltimore records.
The property at 1600 Ridgely St in Baltimore sold on September 29, 2026, according to the city’s real property records. The record lists K2 Realty 1600 Ridgley Street LLC as the buyer.
City records show the property was built in 1984 and sits on a 3.78-acre lot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Baltimore City?
By our estimate, the seller's two largest charges, not counting prorations, were $78,750 for the county transfer tax (Baltimore City) and $43,125 for the recordation tax (Baltimore City). Who pays what follows Baltimore City custom.
How much did the seller net?
By our estimate, the seller netted about $7,339,341. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $7,639,476 at closing. That covers the full price and closing costs.
Source: City of Baltimore, Real Property Information (Open Baltimore), document XAC29482-0247. 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.
