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940 Madison Ave, Baltimore, MD 21201, USA

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Patrick Hale
Patrick Hale
Wireless Equity Group

With over 20 years of real estate and technology experience, Patrick Hale leads the team as CEO of Wireless Equity Group and Founder of SiteBid Infrastructure. Mr. Hale is an entrepreneur with a diverse background in …

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Rooftop
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940 Madison Avenue, Baltimore, MD 21201

Baltimore, MD ID #591951
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Site Overview
Site Name940 Madison Ave, Baltimore, MD 21201, USA
Current InfrastructureOffice
SiteBid ID ##591951
Published DateSeptember 5, 2025
Modified DateJune 15, 2026
Market StatusOff Market
Potential Usescelltowers
Location
Address940 Madison Avenue
CityBaltimore
State / ProvinceMD
Zip Code21201
CountyBaltimore City
Elevation39.03 meters
ZoningTOD-2
SubdivisionGALLAGHER MANSION PH 01
School DistrictBaltimore City Public Schools
Property
Lot Size1.13 acres
Building Area37,696 sq ft
Stories3 Stories
Buildings1.00
Total Units1.00
Year Built1963
Building ConditionAverage
Property ClassOffice
Geographic Features172
Infrastructure
Elev. Above Sea Level39.03

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Site overview

940 Madison Ave is an Office property in Baltimore, MD 21201. The site features a Rooftop structure. The parcel offers a 49,440 sq ft / 1.14 acres lot, zoned TOD-2, in Baltimore City County (APN 0476-004). Review nearby cell tower coverage, carrier presence, broadband availability, and co-location potential for this Baltimore site below.

Property typeOffice
FacilityRooftop
Lot size49,440 sq ft
Acreage1.14
ZoningTOD-2
APN0476-004
CountyBaltimore City
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Infrastructure investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier‑1 tenants (AT&T, Verizon, T‑Mobile, etc.). Depending on the lease terms, valuations can range from 16x–20x annual rent for lump‑sum payments and 18x–25x for structured payouts.

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