Industrial Condo with
For Sale
Contact for pricing
11403 Frederick Avenue, Beltsville, MD 20705
Industrial condo for sale featuring a roll-up door and 500 sf of office space.
Property Size6,250 SF
Price / SF$200
Days on Market54
Property Features for 11403 Frederick Avenue
General Information
Standard status
Active
Size
6,250 SF
Property subtype
Industrial
Additional Details
Drive-In Doors
1
Listing Agency:
Douglas Commercial
(301) 655-8253
Listed By:
Scott Douglas · License #MD 580592
Source:
Crexi
Added: Jun 29
Changed: Aug 14
Last Checked: Aug 20 at 8:39AM
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 Douglas Commercial
Investment Insights
Based on property information with market context.
This industrial condo offers a functional warehouse layout supported by one roll-up door for loading and move-in operations, along with 500 square feet of office space for day-to-day administration. The configuration is designed to combine light office needs with practical industrial use within a single condo unit.
The property is located at 11403 Frederick Avenue in Beltsville, Maryland, off Powder Mill Road. It is presented for sale as an industrial condo, providing an option for owner-occupants or investors seeking a small, self-contained industrial asset in the Beltsville area.
For tenants or buyers who want an onsite workspace alongside industrial space, the included office component supports coordination, customer or vendor interactions, and basic operational needs. The presence of a roll-up door supports typical warehouse activities, making the unit well-suited for storage, light distribution, or small industrial operations that benefit from an integrated office area.
The property is located at 11403 Frederick Avenue in Beltsville, Maryland, off Powder Mill Road. It is presented for sale as an industrial condo, providing an option for owner-occupants or investors seeking a small, self-contained industrial asset in the Beltsville area.
For tenants or buyers who want an onsite workspace alongside industrial space, the included office component supports coordination, customer or vendor interactions, and basic operational needs. The presence of a roll-up door supports typical warehouse activities, making the unit well-suited for storage, light distribution, or small industrial operations that benefit from an integrated office area.
Key Highlights
- Industrial condo for sale in Beltsville, MD
- Includes 1 roll‑up door
- Offers 500 SF of office space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$99,104
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,982,080
$2.0M
Cap Rate 7%
$1,415,771
$1.4M
Cap Rate 9%
$1,101,156
$1.1M
Market Conditions
NOI Build-Up for 6,250 SF
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.
Gross rent
$161.3K $25.80/SF
− Vacancy
−$19.7K −$3.15/SF
EGI
$141.6K $22.65/SF
− OpEx
−$42.5K −$6.80/SF
NOI
$99.1K $15.86/SF
Area
Prince George's County, MD
Vacancy
12.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,982,080
Cap Rate 7%
$1,415,771
Cap Rate 9%
$1,101,156
Alternative Uses
Best Use
Warehouse
$1.72M
$1.50M – $2.01M
NOI $120,341 @ 7.0% cap · market cap 9.63%
Second Best
Industrial
$1.42M
$1.24M – $1.65M
NOI $99,104 @ 7.0% cap · market cap 7.93%
Theoretical Best
Specialty Retail
$2.02M
$1.76M – $2.35M
NOI $141,136 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20705, MD
29,456
Population
9,181
Households
3.2
Avg Household Size
36
Median Age
33%
College-Educated
81%
High-School Grad
14.5 sq mi
ZIP Area
2,031
Density / Sq Mi
$106,691
Median Household Income
$45,692
Median Earnings
$1,777
Median Rent
$423,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial condo for sale featuring a roll-up door and 500 sf of office space.
Where is this flex space located?
The property is located at 11403 Frederick Avenue Beltsville, MD.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Industrial condo for sale in Beltsville, MD; Includes 1 roll‑up door; Offers 500 SF of office space
