Flex Space with Separate
1205 Crain Highway N, Glen Burnie, MD 21061
For Sale
New
$1,430,000
C3 zoning and a divided interior provide flexibility for commercial and service-oriented operations.
Property Size7,695 SF
Price / SF$185.83
Days on Market3
Property Features for 1205 Crain Highway N
General Information
Standard status
Size
Zoning
Additional Details
Currently Operating
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Electric
Yes
Central
No
Other
Parking Lot
14
7695.00
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Keller Williams Flagship
(410) 729-7700
Listed By:
Sam M Tanner
(443) 618-2585
Source:
Opuselitenj
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 3:33PM
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 Keller Williams Flagship
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Investment Insights
Based on property information with market context.
The 7,695-square-foot property at 1205 Crain Highway N in Glen Burnie is arranged in distinct areas with separate entrances. The main commercial area spans 5,795 square feet, while an upper-level section adds 1,900 square feet. Interior features include showroom and display areas, offices, restrooms, storage, work areas, and additional rooms. The property is currently used by a woodworking and home-improvement business focused on cabinetry, countertops, windows, flooring, and installation services. A parking lot provides exterior space, and the building dates to 1956.
Zoned C3 in Anne Arundel County, the property is identified for commercial and service-oriented use, subject to county requirements. Its separate entrances and divided interior areas provide a practical framework for business operations across multiple sections. Any proposed use remains subject to applicable zoning, permitting, building-code, and occupancy requirements.
Zoned C3 in Anne Arundel County, the property is identified for commercial and service-oriented use, subject to county requirements. Its separate entrances and divided interior areas provide a practical framework for business operations across multiple sections. Any proposed use remains subject to applicable zoning, permitting, building-code, and occupancy requirements.
Key Highlights
- 7,695 SQ FT total area
- 5,795 SQ FT main commercial area and 1,900 SQ FT upper‑level area
- Separate entrances serve distinct interior sections
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,016
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,840,320
$1.8M
Cap Rate 7%
$1,314,514
$1.3M
Cap Rate 9%
$1,022,400
$1.0M
Market Conditions
NOI Build-Up for 7,695 SF
Gross rent
$154.2K $20.04/SF
− Vacancy
−$12.6K −$1.64/SF
EGI
$141.6K $18.40/SF
− OpEx
−$49.5K −$6.44/SF
NOI
$92.0K $11.96/SF
Area
Anne Arundel County, MD
Vacancy
8.20%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,840,320
Cap Rate 7%
$1,314,514
Cap Rate 9%
$1,022,400
Alternative Uses
Best Use
Flex RnD
$1.31M
$1.15M – $1.53M
NOI $92,016 @ 7.0% cap · market cap 6.43%
Second Best
Industrial
$578.0K
$505.8K – $674.4K
NOI $40,462 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M
NOI $157,569 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 21061, MD
57,352
Population
23,196
Households
2.5
Avg Household Size
36
Median Age
26%
College-Educated
90%
High-School Grad
12.2 sq mi
ZIP Area
4,701
Density / Sq Mi
$86,081
Median Household Income
$48,429
Median Earnings
$1,661
Median Rent
$326,000
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Ama’s Catering Experience — 9 Vernon Ave, Glen Burnie, MD 21061
Frequently Asked Questions
What type of property is this?
Flex space - C3 zoning and a divided interior provide flexibility for commercial and service-oriented operations.
Where is this flex space located?
The property is located at 1205 Crain Highway N Glen Burnie, MD.
What is the asking price?
The asking price for this property is $1,430,000.
What are key features of this property?
This property features: 7,695 SQ FT total area; 5,795 SQ FT main commercial area and 1,900 SQ FT upper‑level area; Separate entrances serve distinct interior sections
