Service Warehouse with
405 Laburnum Rd Edgewood, MD 21040
New
405 Laburnum Rd, Edgewood, MD, 21040
$399,999
For Sale
$399,999
Fully conditioned service warehouse with office space, three oversized drive-in doors, and recent renovations.
Property Size3,035 SF
Price / SF$131.80
Days on Market3
Property Features for 405 Laburnum Rd
General Information
- Standard status
- Active
- Size
- 3,035 SF
Building Details
- Year Built
- 1975
Listing agency
Mackenzie Commercial R E SVCS, LLC
(410) 821-8585
Listed by
John Scott Wimbrow
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 6:18PM Checked: Jul 22 at 6:18PM
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 Mackenzie Commercial R E SVCS, LLC
Investment Insights
Based on property information with market context.
3,035 SF fully conditioned service warehouse with office space on 0.28 acres. The building includes three oversized drive-in doors, recent renovations, and a full building generator.
Convenient access to Route 40 and I-95 can support straightforward logistics for service-oriented tenants.
With warehouse and office space under one roof, the configuration is suited for operations that need both working storage and dedicated administrative space.
Convenient access to Route 40 and I-95 can support straightforward logistics for service-oriented tenants.
With warehouse and office space under one roof, the configuration is suited for operations that need both working storage and dedicated administrative space.
Key Highlights
- 3,035 SF fully conditioned service warehouse with office space
- 0.28‑acre property with 3 oversized drive‑in doors
- Office space included
Local 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 | $27.3k | $9.00 |
| − Vacancy | −$956 | −$0.32 |
| EGI | $26.4k | $8.69 |
| − OpEx | −$4.0k | −$1.30 |
| NOI | $22.4k | $7.38 |
3,035 SF · lease $9.00/SF/yr · vacancy 3.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$320.1K
$280.1K – $373.4K
NOI $22,405 @ 7.0% cap · market cap 5.60%
Second Best
Office B
$304.0K
$266.0K – $354.6K
NOI $21,278 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$1.07M
$934.4K – $1.25M
NOI $74,752 @ 7.0% cap · market cap 18.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Warehouse - Fully conditioned service warehouse with office space, three oversized drive-in doors, and recent renovations.
Where is this warehouse located?
The property is located at 405 Laburnum Rd Edgewood, MD.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: 3,035 SF fully conditioned service warehouse with office space; 0.28‑acre property with 3 oversized drive‑in doors; Office space included
