Truck and Container Parking
For Sale
Contact for pricing
101 VICTORY LANE, Bel Air, MD 21014
Lot space available for container and/or truck parking, with no office or shop space on site.
Property Size6,000 SF
Price / SF$0.08
Days on Market98
Property Features for 101 VICTORY LANE
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Commercial
Additional Details
Outdoor Storage
Yes
Building Details
Year Built
1947
Listing Agency:
Joan Ryder and Associates Real Estate
Listed By:
Joan A Ryder · License #-2070
(410) 893-1792
Source:
Cummingsrealtors
Added: Jul 24
Changed: Oct 29
Last Checked: Oct 28 at 8:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joan Ryder and Associates Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a parking-lot style site suited for truck and container parking only, with no office or shop space available. It offers lot space for a container and/or the truck that needs parking, making it straightforward for users who need a place to park equipment.
The site is conveniently located within one mile of the town of Bel Air and is described as having easy access.
If your operation requires parking for a truck and/or container, this property provides the space and configuration for that use without including building space for offices or retail.
The site is conveniently located within one mile of the town of Bel Air and is described as having easy access.
If your operation requires parking for a truck and/or container, this property provides the space and configuration for that use without including building space for offices or retail.
Key Highlights
- Lot space for container and/or truck parking
- No office or shop space available on site
- Built in 1947
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,477
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,540
$729.5K
Cap Rate 7%
$521,100
$521.1K
Cap Rate 9%
$405,300
$405.3K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$54.0K $9.00/SF
− Vacancy
−$1.9K −$0.32/SF
EGI
$52.1K $8.69/SF
− OpEx
−$15.6K −$2.61/SF
NOI
$36.5K $6.08/SF
Area
Harford County, MD
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,540
Cap Rate 7%
$521,100
Cap Rate 9%
$405,300
Alternative Uses
Best Use
Warehouse
$632.8K
$553.7K – $738.2K
NOI $44,294 @ 7.0% cap · market cap 8,858.80%
Second Best
Industrial
$521.1K
$456.0K – $608.0K
NOI $36,477 @ 7.0% cap · market cap 7,295.40%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,781 @ 7.0% cap · market cap 29,556.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
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Business Placement
Demographics for 21014, MD
38,395
Population
14,975
Households
2.6
Avg Household Size
41
Median Age
45%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,762
Density / Sq Mi
$113,825
Median Household Income
$59,656
Median Earnings
$1,571
Median Rent
$407,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Truck terminal - Lot space available for container and/or truck parking, with no office or shop space on site.
Where is this truck terminal located?
The property is located at 101 VICTORY LANE Bel Air, MD.
What are key features of this property?
This property features: Lot space for container and/or truck parking; No office or shop space available on site; Built in 1947
