Baltimore Warehouse in
For Sale
$350,000
858 CARROLL St, Baltimore, MD 21230
4,176 sq ft warehouse in Baltimore's Pigtown neighborhood.
Property Size4,176 SF
Lot Size0.10 Acres
Price / SF$83.81
Days on Market142
Property Features for 858 CARROLL St
General Information
Standard status
Active
Size
4,176 SF
Lot size
0.10 Acres
Property subtype
Commercial
Building Details
Year Built
1920
Listing Agency:
LONG & FOSTER REAL ESTATE, INC.
(571) 235-9315
Listed By:
Cameron Alice Dodd
(571) 235-9315
Source:
Elliman
Added: Mar 11
Changed: Jul 6
Last Checked: Jul 30 at 5:35AM
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 LONG & FOSTER REAL ESTATE, INC.
Investment Insights
Based on property information with market context.
This 4,176 sq ft warehouse is located in Baltimore’s historic Pigtown neighborhood. The space features two drive-in garage doors, making it suitable for light industrial, storage, or distribution purposes. The property is conveniently situated near downtown Baltimore and major highways, providing easy access for trucks and deliveries.
Key Highlights
- 4,176 sq ft warehouse space suitable for light industrial, storage, or distribution.
- Located in Baltimore’s historic Pigtown neighborhood.
- Two drive‑in garage doors for easy access.
Financial Insights For Warehouse
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 | $35.1k | $8.40 |
| − Vacancy | −$2.7k | −$0.65 |
| EGI | $32.4k | $7.75 |
| − OpEx | −$4.9k | −$1.16 |
| NOI | $27.5k | $6.59 |
4,176 SF · lease $8.40/SF/yr · vacancy 7.76% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$392.9K
$343.8K – $458.4K
NOI $27,503 @ 7.0% cap · market cap 7.86%
Second Best
Industrial
$329.4K
$288.2K – $384.3K
NOI $23,057 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$1.00M
$875.4K – $1.17M
NOI $70,032 @ 7.0% cap · market cap 20.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,614
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21230, MD
36,660
Population
18,070
Households
2
Avg Household Size
33
Median Age
59%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
5,819
Density / Sq Mi
$94,164
Median Household Income
$69,973
Median Earnings
$1,771
Median Rent
$327,700
Median Home Value
Market
Vacancy Rate% for Industrial in Baltimore, MD
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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- Public Storage — 1541 Ridgely St, Baltimore, MD 21230
- Extra Space Storage — 1835 Washington Blvd, Baltimore, MD 21230
- U-Store — 1450 Russell St, Baltimore, MD 21230
Frequently Asked Questions
What type of property is this?
Warehouse - 4,176 sq ft warehouse in Baltimore's Pigtown neighborhood.
Where is this warehouse located?
The property is located at 858 CARROLL St Baltimore, MD.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4,176 sq ft warehouse space suitable for light industrial, storage, or distribution.; Located in Baltimore’s historic Pigtown neighborhood.; Two drive‑in garage doors for easy access.
