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

    6724 Binder Lane Elkridge, MD 21075

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial storage yard with office building and convenient transportation access.

    Type:Industrial, Office
    Property size:
    2,000 SF
    Lot size:
    1.71 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    20
    Last Refresh:
    Apr 3 at 4:54 am

    Property Features for 6724 Binder Lane

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Lot size
    1.71 Acres
    Property subtype
    Industrial, Office

    We can help!

    Listing Contact
    Daniel Hudak, SIOR

    Listing agent Daniel Hudak, SIOR

    Listing office

    Listing date Apr 3, 2026

    Source Mackenziecommercial

    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 Daniel Hudak, SIOR

    Overview

    Elkridge Industrial Storage Yard

    This industrial storage yard in Elkridge, MD, includes a 2,000 square foot office building on 1.71 acres of paved and fenced land. The property provides access to Route 1 (Washington Boulevard), Route 11, and I-95. Its proximity to BWI Airport enhances logistical ease for businesses. The property is suited for industrial and contractor storage needs and is currently fully leased.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Similar Places Nearby

    • RPearson unit — Longbottom Rd, Elkridge, MD 21075
    • United Rentals - Storage Containers and Mobile Offices — 7431 Washington Blvd, Elkridge, MD 21075
    • Public Storage — 7078 Washington Blvd, Elkridge, MD 21075
    • Moyer & Sons Moving & Storage — 6675 Amberton Dr #11, Elkridge, MD 21075
    • CubeSmart Self Storage — 7025 Kit Kat Rd, Elkridge, MD 21075

    Location Insight

    • Map
    • Local Demand
    City
    Elkridge
    County
    Howard
    State
    Maryland
    Longitude
    -76.7583918
    Latitude
    39.1857585

    Nearby Similar for Lease

    • Contact for pricing

      Turnkey Lab Space in Elkridge

      2,000 SF ± lab space for sublease in Elkridge, MD.
      8170 Lark Brown Road, Elkridge, MD 21075
      View Details
    • Contact for pricing

      Elkridge Office Space for Lease

      Single-story office building with high visibility and ample parking.
      6800 Deerpath Rd, Elkridge, MD 21075
      View Details
    • Contact for pricing

      Elkridge Office Space For Lease

      Office space available for lease in Elkridge, Maryland.
      8186 Lark Brown Rd, 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 Lane | Elkridge, MD 21075, MD 21075
      View Details
    • Contact for pricing

      Industrial Space Available For Sublease

      Industrial space available for sublease, ranging from 20,000-40,000 SF.
      7091 Troy Hill Dr, Elkridge, MD 21075
      View Details
    • Contact for pricing

      LEED Gold Certified Office Space

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

      Master-Planned Site with I-95 Access

      Large commercial land available for lease with I-95 access.
      7120 Dorsey Run Road, Elkridge, MD 21075
      View Details
    • Contact for pricing

      Elkridge Warehouse Space Available

      80,359 sq ft warehouse/distribution space in Elkridge, MD.
      6675 Amberton Dr, Elkridge, MD 21075
      View Details
    • Contact for pricing

      Elkridge Warehouse Space Available

      245,200 sqft warehouse space for rent in Elkridge, MD.
      7120 Dorsey Run Road, Elkridge, MD, 21075
      View Details
    • Contact for pricing

      Elkridge Warehouse/Industrial Space Available

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

      Elkridge Commercial Property For Rent

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

      Elkridge Warehouse/Industrial Space Available

      Warehouse/industrial property suitable as corporate headquarters near major cities.
      7101 Troy Hill Drive, Elkridge, MD, 21075
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial storage yard with office building and convenient transportation access.
    Where is this warehouse located?
    The property is located at 6724 Binder Lane Elkridge, MD.
    What are key features of this property?
    This property features: Fully leased industrial storage yard providing immediate income.; 1.71 acres ± of **paved and fenced land suitable for storage.**; Includes a 2,000 SF ± office building.
    (443) 573-3205
    We can help!
    Listing Contact
    Daniel Hudak, SIOR
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!