Full Building Flex
For Sale
Contact for pricing
7941-7949 Corporate Dr, Nottingham, MD
57,782 SF flex space in White Marsh Town Center.
Property Size57,782 SF
Lot Size8.06 Acres
Price / SF$142.78
Days on Market450
Property Features for 7941-7949 Corporate Dr
General Information
Standard status
Active
Size
57,782 SF
Lot size
8.06 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lincoln Property Company | Baltimore
(410) 659-1234
Listed By:
Brent Prossner
Source:
Moodyscre
Added: May 7, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:40AM
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 Lincoln Property Company | Baltimore
Investment Insights
Based on property information with market context.
This 57,782 square foot full building flex space is available for lease or sale. The property features a large, open floor plan and includes 12,000 square feet of conditioned warehouse area. A generator provides full building power supply. Located in the White Marsh Town Center, the property offers a parking ratio of 5 spaces per 1,000 square feet. The space is easily convertible to additional warehouse area, making it suitable as a user or headquarters building.
Key Highlights
- Prime location in the White Marsh Town Center
- Full building (57,782 SF) available for lease or sale
- Generator with full building supply
Financial Insights For Industrial
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 | $699.2k | $12.10 |
| − Vacancy | −$45.4k | −$0.79 |
| EGI | $653.7k | $11.31 |
| − OpEx | −$196.1k | −$3.39 |
| NOI | $457.6k | $7.92 |
57,782 SF · lease $12.10/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$6.54M
$5.72M – $7.63M
NOI $457,602 @ 7.0% cap · market cap 5.55%
Second Best
Flex RnD
$5.56M
$4.87M – $6.49M
NOI $389,390 @ 7.0% cap · market cap 4.72%
Theoretical Best
Multifamily LT 5
$560.60M
$490.52M – $654.03M
NOI $39,241,935 @ 7.0% cap · market cap 475.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- My Food Your Fridge — 5217 Red Hill Way, Baltimore, MD 21237
Frequently Asked Questions
What type of property is this?
Flex space - 57,782 SF flex space in White Marsh Town Center.
Where is this flex space located?
The property is located at 7941-7949 Corporate Dr Nottingham, MD.
What is the asking price?
The asking price for this property is $8,250,000.
What are key features of this property?
This property features: Prime location in the White Marsh Town Center; Full building (57,782 SF) available for lease or sale; Generator with full building supply
