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    1533 Progress Way Eldersburg, MD 21784

    For Lease
    Contact for pricing

    200,000 SF industrial-warehouse space for lease in Eldersburg, MD.

    Property size:
    100,000 SF
    Lot size:
    66.91 Acres

    Property Features for 1533 Progress Way

    General Information

    Size
    100,000 SF
    Lot size
    66.91 Acres

    Source: Merritt Properties - Maryland HQ Agent Lauren Lindsay

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

    Overview

    Eldersburg Industrial-Warehouse Space Available

    Located at the intersection of Route 32 and Progress Way, this 200,000 square foot industrial-warehouse space features rear building docks and drive-in access. The property includes 28-foot ceilings, surface parking, and is equipped with a sprinkler system, gas heat, and public water and sewer. It offers 277/480 volt, 3-phase, 4-wire electrical service and Comcast service availability. The site is professionally landscaped and benefits from the on-site Merritt Athletic Club. Zoned IR in Carroll County, the property is suitable for office, manufacturing, warehousing, and distribution purposes. Nearby amenities include 7-Eleven, Bob Evans, Chili’s Grill & Bar, Five Guys, Franks Pizza, Glory Days Grill, Liberatores Ristorante, M&T Bank, Panera Bread, PNC, Qdoba Mexican Grill, Safeway, Subway, Susquehanna Bank, Taco Bell, and Wells Fargo.
    Location Intelligence

    Current Use by Public Records

    CoastTec Electronics Manufacturer Simple Cell Wholesaler Merritt Properties - Eldersburg ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage 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
    Eldersburg
    County
    Carroll
    State
    Maryland
    Longitude
    -76.9432334
    Latitude
    39.4109475

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    FAQs

    What type of property is this?
    Warehouse - 200,000 SF industrial-warehouse space for lease in Eldersburg, MD.
    Where is this warehouse located?
    The property is located at 1533 Progress Way Eldersburg, MD.
    What are key features of this property?
    This property features: - 200,000 SF industrial-warehouse space; - Features rear building docks and drive-ins; - High ceilings, 28'
    (410) 298-2600
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    1533 Progress Way Eldersburg, MD 21784
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    Eldersburg, MD 21784
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    Realmo Value Estimation

    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.

    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.

    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
    1533 Progress Way Eldersburg, MD 21784
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