Baltimore Flex Property For
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
(443) 928-7522
Listed by
Jim · License #617251
(443) 928-7522
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
NOI $54,113 @ 7.0% cap · market cap 4.92%
Second Best
Industrial
$394.4K
$345.1K – $460.1K
NOI $27,607 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
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
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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.