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Baltimore Flex Property For Sale

1104 Hull St Baltimore, MD 21230

1104 Hull St, Baltimore, MD, 21230
$1,100,000
For Sale
$1,100,000

Flex property in Baltimore, MD

Property Size5,000 SF
Price / SF$220
Days on Market215

Property Features for 1104 Hull St

General Information

Standard status
Active
Property type
Flex space, Industrial properties
Size
5,000 SF
Class
C
Listing agency Gold and Company
Listed by Jim · License #617251
Added: Dec 19, 2025 Updated: Mar 16 at 9:06AM

Investment Insights

Based on property information with market context.

This flex property is located in Baltimore, Maryland. The building has 4,320 square feet of space on two floors. The property underwent a complete renovation in 2021 and is currently home to a fitness center. The property is opposite the former Under Armour headquarters.

Local Financial Insights For Flex RnD

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 $90.0k $18.00
− Vacancy −$6.8k −$1.35
EGI $83.3k $16.65
− OpEx −$29.1k −$5.83
NOI $54.1k $10.82
5,000 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$773.0K
$676.4K – $901.9K (±1% cap)
NOI $54,113 @ 7.0% cap · market cap 4.92%
Second Best
Industrial
$394.4K
$345.1K – $460.1K (±1% cap)
NOI $27,607 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,850 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

True Sports Physical ... Physician Casey Hill Massage ... Alternative Medicine Practice SOBO Strength and Performance Gym & Fitness Center Dr. Heather Thompson Alternative Medicine Practice

Suggested Use

Pharmacy Spa & Massage Center Law Firm Real Estate Agency Hair Salon HVAC Service Skin Care Clinic Kitchen & Bath Showroom Garden Center Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Sci Catering Group Inc — 2700 lighthouse point w # 270, baltimore, md 21224
  • Just A Matter Of Thyme — 923 Binney St, Baltimore, MD 21224

FAQs

What type of property is this?
Flex space - Flex property in Baltimore, MD
Where is this flex space located?
The property is located at 1104 Hull St Baltimore, MD.
What is the asking price?
The asking price for this property is $1,100,000.
Contact an agent
More about this property
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