Flex Property with Fenced
1101 W Baltimore St Baltimore, MD
1101 W Baltimore St, Baltimore, MD, 00000
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For Sale
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24,790 SF flex space on 0.394 acres.
Property Size24,790 SF
Lot Size0.37 Acres
Price / SF$84.51
Days on Market253
Property Features for 1101 W Baltimore St
General Information
- Standard status
- Active
- Size
- 24,790 SF
- Lot size
- 0.37 Acres
- Property subtype
- OFFICE
Listing Agency
Brexton Commercial - Baltimore
(410) 877-5559
Listed by
Michael Durst · License #660871
(410) 877-5559
Source
Moodyscre
Added: Nov 6, 2025 Checked: Jul 16 at 6:28 am
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 Brexton Commercial - Baltimore
Investment Insights
Based on property information with market context.
This portfolio of contiguous flex properties, located at 1119-1127 E. Baltimore St. and 1120-1124 Watson St., offers 24,790 square feet of interconnected flex office, warehouse, and manufacturing space on 0.394 acres. The property features a securitized entrance for employees and customers on E. Baltimore St., as well as an overhead door at the back of the 1123 building. A fenced parking lot on the west side of the building accommodates 15-20 cars and includes a phase 2 charging station. There is also a fenced parking area and door entry into the back of the 1127 building on Watson Street. The property includes fenced rear overhead door access. The current owner requires a lease-back of the property for a minimum of 2-3 months and up to 12 months to facilitate a successful transition. The immediate area acts as a non-profit hub. Across the street is the Ronald McDonald House Charities Maryland building and the Helping Up Mission.
Key Highlights
- Large 24,790 sq ft flex space suitable for office, warehouse, or manufacturing.
- Fenced parking for 15‑20 cars, including a phase 2 charging station.
- Secure entrances on E. Baltimore St. and fenced rear overhead door access.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $208.2k | $8.40 |
| − Vacancy | −$16.2k | −$0.65 |
| EGI | $192.1k | $7.75 |
| − OpEx | −$28.8k | −$1.16 |
| NOI | $163.3k | $6.59 |
24,790 SF · lease $8.40/SF/yr · vacancy 7.76% · expense 15.00%
Alternative Uses
Best Use
Office B
$4.92M
$4.31M – $5.74M
NOI $344,649 @ 7.0% cap · market cap 16.45%
Second Best
Flex RnD
$3.83M
$3.35M – $4.47M
NOI $268,290 @ 7.0% cap · market cap 12.81%
Theoretical Best
Office A
$5.94M
$5.20M – $6.93M
NOI $415,729 @ 7.0% cap · market cap 19.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grace Apartments
Apartment Building
K.S.F. Hair Braiding ...
Hair Salon
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FAQs
What type of property is this?
Flex space - 24,790 SF flex space on 0.394 acres.
Where is this flex space located?
The property is located at 1101 W Baltimore St Baltimore, MD.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: Large 24,790 sq ft flex space suitable for office, warehouse, or manufacturing.; Fenced parking for 15‑20 cars, including a phase 2 charging station.; Secure entrances on E. Baltimore St. and fenced rear overhead door access.
