Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2209 Sulphur Spring Rd Halethorpe, MD 21227

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial property with easy access to I-695 and I-95.

    Property Features for 2209 Sulphur Spring Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Jared Ross
    Source: Cbre

    Listing Agent: Jared Ross

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Halethorpe Industrial Property For Rent

    This industrial property is available for rent and offers convenient access to the I-695 and I-95 corridors.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Halethorpe
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6675322
    Latitude
    39.2423409

    Nearby Similar for Lease

    • $1,950 /Mo

      Industrial Warehouse for Lease

      1,800 SF industrial warehouse with drive-in door and office.
      1710 Sulphur Spring Rd, Halethorpe, MD 21227
      View Details
    • Contact for pricing
      6,000 SF

      Halethorpe Retail Space For Rent

      6,000 SF retail space with roll-up doors and parking.
      5413 East Dr, Halethorpe, MD 21217
      View Details
    • Contact for pricing
      10,800 SF

      Retail Space on Maiden Choice

      Retail space with high visibility and traffic in Halethorpe, MD.
      4733-4741 Maiden Choice Ln, Halethorpe, MD
      View Details
    • $1,800 /Mo

      Retail Space Ready for Lease

      Commercial/retail space with street presence, ready for new lease.
      5300 East Dr, Halethorpe, MD 21227
      View Details
    • Contact for pricing
      79,815 SF

      Halethorpe Warehouse/Distribution Space Available

      New Class A warehouse/distribution development with I-95 access.
      1201 S Caton Ave, Halethorpe, MD
      View Details
    • Contact for pricing
      15,335 SF

      Halethorpe Retail Space Available

      Retail space available for lease in Halethorpe, Maryland.
      1400 Sulphur Spring Rd, Halethorpe, MD 21227
      View Details
    • Contact for pricing
      1,392 SF

      Retail Strip Center Near I-695

      7,280 SF retail strip center with excellent visibility and access.
      3720 Washington Blvd, Halethorpe, MD
      View Details
    • Contact for pricing
      1,476 SF

      Halethorpe Office Space For Rent

      Class A office space in a thriving mixed-use project.
      3531 Washington Blvd, Halethorpe, MD
      View Details
    • Contact for pricing
      6,298 SF

      Halethorpe Office and Storage Space

      Class A office and self-storage space in mixed-use project.
      3541-3585 Washington Blvd, Halethorpe, MD
      View Details
    • Contact for pricing
      88,000 SF

      Halethorpe Warehouse with I-695 Visibility

      88,000 SF warehouse with I-695 access and signage.
      1905 Sulphur Spring Rd, Halethorpe, MD 21227
      View Details
    • Contact for pricing
      10,000 SF

      Halethorpe Office Space Available

      10000 SF office space for rent in Halethorpe, MD.
      3421 Benson Ave, Halethorpe, MD 21227
      View Details
    • Contact for pricing
      9,500 SF

      Halethorpe Industrial Space for Lease

      9,500 SF industrial space with office and loading docks.
      4601 Hollins Fry Rd, Halethorpe, MD
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial property with easy access to I-695 and I-95.
    Where is this industrial property located?
    The property is located at 2209 Sulphur Spring Rd Halethorpe, MD.
    What are key features of this property?
    This property features: - Easy access to I-695; - Easy access to I-95 Corridor
    (301) 467-3310
    Request Owner's contact information
    2209 Sulphur Spring Rd Halethorpe, MD 21227
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2209 Sulphur Spring Rd
    Halethorpe, MD 21227
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2209 Sulphur Spring Rd Halethorpe, MD 21227
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jared Ross
    (301) 467-3310 (410) 244-3136 (240) 994-6477
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!