Flex Space with Drive-In
1031 CROMWELL BRIDGE ROAD, Baltimore, MD 21286
For Sale
Contact for pricing
Flex space zoned ML-IM with drive-in door, dedicated office, private restroom, and ample fenced parking.
Property Size11,200 SF
Price / SF$0.49
Days on Market110
Property Features for 1031 CROMWELL BRIDGE ROAD
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Highway Access
Drive-In Doors
Building Details
Year Built
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Kathy M Townsend · License MD #507416
(410) 499-8292
Source:
Cummingsrealtors
Added: Jul 27
Changed: Nov 12
Last Checked: Nov 12 at 7:20AM
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 Cummings & Co. Realtors
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Investment Insights
Based on property information with market context.
Versatile flex space totaling 4,800 SF of warehouse/industrial area zoned ML-IM. The layout includes a drive-in door for convenient loading, dedicated office space, and a private restroom. On site, ample fenced parking supports contractor and service-oriented operations.
The property is located near Towson with easy access to the I-695 Beltway, supporting day-to-day logistics and regional connectivity.
Built in 1971, this facility is positioned for warehouse, distribution, contractor, service, and light-manufacturing type uses, as well as other industrial applications that fit the ML-IM zoning designation.
The property is located near Towson with easy access to the I-695 Beltway, supporting day-to-day logistics and regional connectivity.
Built in 1971, this facility is positioned for warehouse, distribution, contractor, service, and light-manufacturing type uses, as well as other industrial applications that fit the ML-IM zoning designation.
Key Highlights
- 4,800 SF warehouse/industrial flex space
- Zoned ML‑IM
- Drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,839
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,236,780
$1.2M
Cap Rate 7%
$883,414
$883.4K
Cap Rate 9%
$687,100
$687.1K
Market Conditions
NOI Build-Up for 11,200 SF
Gross rent
$94.1K $8.40/SF
− Vacancy
−$5.7K −$0.51/SF
EGI
$88.3K $7.89/SF
− OpEx
−$26.5K −$2.37/SF
NOI
$61.8K $5.52/SF
Area
Baltimore, MD
Vacancy
6.10%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,236,780
Cap Rate 7%
$883,414
Cap Rate 9%
$687,100
Alternative Uses
Best Use
Flex RnD
$1.73M
$1.52M – $2.02M
NOI $121,212 @ 7.0% cap
Second Best
Warehouse
$1.05M
$922.0K – $1.23M
NOI $73,762 @ 7.0% cap
Theoretical Best
Office A
$2.68M
$2.35M – $3.13M
NOI $187,825 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,401
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21286, MD
21,470
Population
10,100
Households
2.1
Avg Household Size
42
Median Age
57%
College-Educated
95%
High-School Grad
8.6 sq mi
ZIP Area
2,497
Density / Sq Mi
$93,093
Median Household Income
$58,577
Median Earnings
$1,597
Median Rent
$402,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Baltimore, MD
Properties on Market for Flex space in Baltimore
Vacancy Rate% for Industrial in Baltimore, MD
Frequently Asked Questions
What type of property is this?
Flex space - Flex space zoned ML-IM with drive-in door, dedicated office, private restroom, and ample fenced parking.
Where is this flex space located?
The property is located at 1031 CROMWELL BRIDGE ROAD Baltimore, MD.
What are key features of this property?
This property features: 4,800 SF warehouse/industrial flex space; Zoned ML‑IM; Drive‑in door
