Listing Agency: Gold and Company

Listed By: Jim Chivers · License #617251 Show Phone

Added: Dec 19, 2025 Changed: Mar 16

Report an Issue

Investment Insights

Based on property information with market context.

This 11,000 square foot warehouse property is available for sale in Baltimore, Maryland. The property includes a drive-in warehouse and a two-story office. Situated adjacent to Canton Square, the property occupies a 0.3-acre lot.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$75,550

Cap Rate

3.02%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,511,000 $1.5M

Cap Rate 7%

$1,079,286 $1.1M

Cap Rate 9%

$839,444 $839.4K

Market Conditions

NOI Build-Up for 11,000 SF

Gross rent

$96.4K $8.76/SF

− Vacancy

−$7.5K −$0.68/SF

EGI

$88.9K $8.08/SF

− OpEx

−$13.3K −$1.21/SF

NOI

$75.6K $6.87/SF

Area

ZIP 21224

Vacancy

7.76%

Lease Rate

$8.76 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,511,000

Cap Rate 7%

$1,079,286

Cap Rate 9%

$839,444

Alternative Uses

Best Use

Warehouse

$1.08M

$944.4K – $1.26M (±1% cap)

NOI $75,550 @ 7.0% cap · market cap 3.02%

Second Best

Industrial

$867.6K

$759.2K – $1.01M (±1% cap)

NOI $60,735 @ 7.0% cap · market cap 2.43%

Theoretical Best

Office A

$2.64M

$2.31M – $3.07M (±1% cap)

NOI $184,471 @ 7.0% cap · market cap 7.38%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Home Appliance Store Law Firm (Bike/Boat/Book/etc) Store Nursing Home Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,299

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 21224, MD

54,266

Population

23,433

Households

2.3

Avg Household Size

33

Median Age

50%

College-Educated

85%

High-School Grad

9.3 sq mi

ZIP Area

5,835

Density / Sq Mi

$86,209

Median Household Income

$63,556

Median Earnings

$1,782

Median Rent

$281,400

Median Home Value

Market

Vacancy Rate% for Industrial in Baltimore, MD

6.4% 2019

5.9% 2020

2.6% 2021

3% 2022

3% 2023

7.6% 2024

8.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Baltimore Warehouse Near Key Routes

611 South Monroe Street, Baltimore, MD 21223

$1,100,000

11,078 SF

View details

Baltimore Flex Space For Sale

6526 Baltimore Ave, Baltimore, MD 21222

$1,200,000

11,400 SF

View details

Baltimore Flex Property For Sale

1001 N Rose St, Baltimore, MD 21205

$1,025,000

11,766 SF

View details

Two-Story Industrial Live-Work Building

1811 Maryland Avenue, Baltimore, MD 21201

$1,200,000

9,580 SF

View details

Rosedale Building For Sale

1331 Seling Ave, Baltimore, MD 21237

$1,300,000

9,300 SF

View details

Warehouse with Truck Docks

2800 Annapolis Rd, Baltimore, MD 21230

$2,400,000

View details

Industrial Property in Baltimore For Sale

1900 Benhill Ave, Baltimore, MD 21226

$2,150,000

18,798 SF

View details

Flex Space with Drive-In Door

1031 CROMWELL BRIDGE ROAD, Baltimore, MD 21286

Contact for pricing

11,200 SF

View details

Freestanding Industrial Property in Baltimore

8502 Kelso Rd, Baltimore, MD 21221

$3,750,000

18,000 SF

View details

Flex Space with Service Warehouse

4420 E Eager St, Baltimore, MD 21205

Contact for pricing

10,825 SF

View details

Flex Property With Retail And Warehouse

3211 Greenmount Ave, Baltimore, MD 21218

$650,000

7,961 SF

View details

Highlandtown Warehouse Conversion Opportunity

204 S Eaton St, Baltimore, MD 21224

$1,200,000

6,875 SF

View details

Similar Off Market Nearby

• Pier 8 — Baltimore, MD 21230
• BWC Terminals — 1055 Hull St, Baltimore, MD 21230
• A-Accessible | Near-by Storage Units — 3501 boston st, baltimore, md 21224
• A-Accessible | Near-by Self Storage Units - Baltimore MD — 3501 Boston St, Baltimore, MD 21224
• Express Storage Units — 3721 Boston St, Baltimore, MD 21224

Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse property for sale in Baltimore, MD

Where is this warehouse located?

The property is located at 1000 S Linwood Ave Baltimore, MD.

What is the asking price?

The asking price for this property is $2,500,000.