Add Listing
    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

    7120 Dorsey Run Rd Elkridge, MD 21075

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    245,200 sqft warehouse space for rent in Elkridge, MD.

    Property size:
    245,200 SF
    Lot size:
    245,200 SF

    Property Features for 7120 Dorsey Run Rd

    General Information

    Standard status
    Active
    Size
    245,200 SF

    We can help!

    Listing Contact
    Ed Harris
    Ed Harris
    Source: Cbre

    Listing Agency: CBRE | Baltimore Listing Agent: Ed Harris

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

    Learn more

    Overview

    Elkridge Warehouse Space Available

    This commercial real estate property offers 245,200 square feet of warehouse and industrial space. Located in Elkridge, Maryland, at 7120 Dorsey Run Road, the property is suitable for warehouse and other commercial uses.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    RPearson unit, United Rentals - Storage Containers and Mobile Offices, CubeSmart Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Elkridge
    County
    Howard
    State
    Maryland
    Longitude
    -76.7583109
    Latitude
    39.1760285

    Nearby Similar for Lease

    • Contact for pricing
      30,228 SF

      LEED Gold Certified Office Space

      Office space with I-95 visibility and easy highway access.
      6518 Meadowridge Rd, Elkridge, MD 21075
      View Details
    • Contact for pricing
      103,182 SF

      Elkridge Warehouse/Industrial Space Available

      103,182 sqft warehouse/industrial space for lease in Elkridge, MD.
      6680 Business Pkwy, Elkridge, MD 21075
      View Details
    • Contact for pricing

      Freestanding Office Building For Lease

      Freestanding office building in the heart of Route 1 Corridor.
      6339 Howard Ln, Elkridge, MD 21075
      View Details
    • Contact for pricing
      52,124 SF

      Elkridge Commercial Property For Rent

      52,124 square foot commercial property available for rent.
      6745 Business Pkwy, Elkridge, MD 21075
      View Details
    • Contact for pricing
      51,185 SF

      Elkridge Warehouse and Distribution Space

      Modern, flexible warehouse and distribution space near major transportation routes.
      7171 Dorsey Run Rd, Elkridge, MD 21075
      View Details
    • Contact for pricing
      1,370 SF

      Elkridge Office Space Available

      1700 SF office space for rent in Elkridge, MD.
      5800 Main St, Elkridge, MD
      View Details
    • Contact for pricing
      65,100 SF

      Elkridge Warehouse Space Available

      65,100 SF warehouse space for lease in Elkridge.
      6930 San Tomas Rd, Elkridge, MD 21075
      View Details
    • Contact for pricing
      22,000 SF

      Elkridge Warehouse with Loading Docks

      22,000 SF warehouse with multiple loading docks for lease.
      8160 Lark Brown Rd, Elkridge, MD 21075
      View Details
    • Contact for pricing
      27,300 SF

      Industrial Property in Elkridge, MD

      27,300 SF industrial space available for lease.
      6730 Santa Barbara Ct, Elkridge, MD 21075
      View Details
    • Contact for pricing
      13,056 SF

      Elkridge Warehouse Near Transportation Routes

      Modern warehouse with flexible lease options near major transportation routes.
      7111 Dorsey Run Rd, Elkridge, MD 21075
      View Details
    • Contact for pricing
      153,480 SF

      Elkridge Flex/Industrial Space Available

      Flex/industrial space available for rent in Elkridge, Maryland.
      6935 San Tomas Rd, Elkridge, MD 21075
      View Details
    • Contact for pricing
      66,359 SF

      Elkridge Warehouse Space Available

      66,359 SF warehouse space for lease in Elkridge, MD.
      6675 Amberton Dr, Elkridge, MD 21075
      View Details

    FAQs

    What type of property is this?
    Warehouse - 245,200 sqft warehouse space for rent in Elkridge, MD.
    Where is this warehouse located?
    The property is located at 7120 Dorsey Run Rd Elkridge, MD.
    What are key features of this property?
    This property features: - 245,200 sqft warehouse space available for rent.; - Located in Elkridge, MD.; - Warehouse space for rent.
    (410) 244-3149
    Request Owner's contact information
    7120 Dorsey Run Rd Elkridge, MD 21075
    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.
    7120 Dorsey Run Rd
    Elkridge, MD 21075
    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
    7120 Dorsey Run Rd Elkridge, MD 21075
    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
    Ed Harris
    Ed Harris
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!