Sign Up Successful!
You now have access to more from Realmo!
    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

    1310 Innovation St Middle River, MD

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex, retail, and industrial spaces available for lease.

    Property size:
    2,794 SF
    Lot size:
    91.75 Acres

    Property Features for 1310 Innovation St

    General Information

    Size
    2,794 SF
    Lot size
    91.75 Acres

    We can help!

    Listing Contact
    Matt Lenihan
    Source: Moodyscre

    Listing Agent: Matt Lenihan

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

    Learn more

    Overview

    Flex, Retail, and Industrial Space

    Located in the master-planned, mixed-use community of Greenleigh, this property offers flex, R&D, office, and retail spaces. The 1,000-acre community includes over 1.8 million square feet of space and 2,200 residential units, a 120-suite hotel, and a self-storage facility. The retail area features a main street-style shopping center with plans for a 75,000 sq. ft. grocery store. Current retail tenants include Michael’s Cafe, Dunkin’ Donuts, Subway, Royal Farms, Thai Rainbow, Crossroads Wine & Spirits, and Polishes Nails & Spa. The property is located on Maryland Rt. 43 between U.S. Route 40 and Eastern Boulevard in Baltimore County, minutes from I-95 and I-695, and 15 miles from Baltimore City, providing access to White Marsh, Perry Hall, Essex, and nearby communities. Construction is brick on block. Parking provides 4-5 spaces per 1,000 sq. ft. Flex spaces offer a ceiling height of 16-18 ft. clear, while office spaces offer 10 ft. clear. Zoning is ML-IM-M43. New flex/R&D shell space features 18 ft. clear height, six 10’x12’ drive-in doors, and one 10’x14’ drive-in door. One available space is 2,794 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middle River
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4394056
    Latitude
    39.3342744

    Nearby Similar for Lease

    • $2,500 /Mo
      56,192 SF

      MIDDLE RIVER Commercial Units Available

      Multiple commercial and residential units available for lease in MIDDLE RIVER.
      11415 Eastern Ave, Middle River, MD 21220
      View Details
    • $2,400 /Mo
      18,731 SF

      Commercial Space in Middle River

      Commercial space with open floor plan, ready for immediate occupancy.
      12406 Eastern Ave, Middle River, MD 21220
      View Details
    • Contact for pricing
      9,343 SF

      Flex, Office, and Retail Space

      Located in a master-planned mixed-use community with retail and residential.
      435 Williams Ct, Middle River, MD 21261
      View Details
    • Contact for pricing
      2,589 SF

      Flex/R&D Suite in Greenleigh

      Flex/R&D suite available for lease in master-planned community.
      6211 Greenleigh Ave, Middle River, MD
      View Details
    • Contact for pricing
      2,545 SF

      Flex/R&D Space Available for Lease

      Flex/R&D, retail, and office space in mixed-use community.
      10460 Campbell Blvd, Middle River, MD 21236
      View Details
    • Contact for pricing
      2,795 SF

      Flex/R&D Space Available For Rent

      Flex/R&D, office, and retail space in mixed-use community.
      10440 Campbell Blvd, Middle River, MD 21236
      View Details
    • Contact for pricing
      10,622 SF

      Mixed-Use Community Flex/Retail/Office Space

      Located in Greenleigh, a 1,000-acre mixed-use community.
      11685 Xrd Cir, Middle River, MD
      View Details
    • Contact for pricing
      3,744 SF

      Flex, Office, and Retail Space

      Located in a 1,000-acre mixed-use community.
      415 Williams Ct, Middle River, MD 21261
      View Details
    • Contact for pricing
      4,500 SF

      Versatile Flex, Retail, and Office Space

      Adaptable space in master-planned community near major transportation routes.
      11620 Xrd Cir, Middle River, MD
      View Details
    • Contact for pricing
      2,281 SF

      Flex/R&D, Office & Retail Space

      Located in Greenleigh, a 1,000-acre mixed-use community.
      12 Irondale St, Middle River, MD
      View Details
    • Contact for pricing
      23,100 SF

      Conditioned Warehouse Space Available

      7,115 SF conditioned warehouse with drive-in and dock doors.
      11655 Xrd Cir, Middle River, MD
      View Details
    • Contact for pricing
      2,758 SF

      Greenleigh Retail and Office Space

      Located in a mixed-use community with retail and office spaces.
      405 Williams Ct, Middle River, MD 21261
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex, retail, and industrial spaces available for lease.
    Where is this flex space located?
    The property is located at 1310 Innovation St Middle River, MD.
    What are key features of this property?
    This property features: - Located in Greenleigh, a 1,000-acre master-planned mixed-use community; - New flex/R&D shell space with **18 ft. clear height** and multiple drive-in doors; - Convenient access to major highways I-95 and I-695
    (410) 788-0100
    Request Owner's contact information
    1310 Innovation St Middle River, MD
    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.
    1310 Innovation St
    Middle River, MD
    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
    1310 Innovation St Middle River, MD
    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
    Matt Lenihan
    (410) 788-0100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.