Flex Warehouse with Drive-In
7675 Canton Center Dr Baltimore, MD 21224
For Sale
Contact for pricing
Flex warehouse offering 7 drive-in bays plus 2-story office space and extensive fenced parking.
Property Size30,000 SF
Lot Size2.24 Acres
Price / SF$116.67
Days on Market645
Property Features for 7675 Canton Center Dr
General Information
Standard status
Active
Size
30,000 SF
Lot size
2.24 Acres
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | Baltimore
(410) 206-2992
Listed By:
L. "Alan" Grace
(410) 206-2992
Source:
Moodyscre
Added: Oct 24, 2024
Changed: Jul 25
Last Checked: Jul 29 at 1:34PM
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 CBRE | Baltimore
Investment Insights
Based on property information with market context.
This flex warehouse totals approximately 30,000 SF and includes a 7,000± SF two-story office component. The property sits on 2.24 acres, with about 1.70 acres enclosed by fencing, supporting operational flexibility and secured on-site staging. Vehicle access is enhanced by seven (7) drive-in bays.
On-site power is supported by an ample power setup with a Cummins backup generator. Parking totals 127± spaces, with 50± inside the fenced area and 77± outside. The fenced area also features 22± vehicle charging outlets.
For buyers seeking a combined warehouse and office configuration, the property’s secured yard, drive-in bays, and dedicated office footprint provide a practical layout for a range of light industrial and logistics-oriented uses.
On-site power is supported by an ample power setup with a Cummins backup generator. Parking totals 127± spaces, with 50± inside the fenced area and 77± outside. The fenced area also features 22± vehicle charging outlets.
For buyers seeking a combined warehouse and office configuration, the property’s secured yard, drive-in bays, and dedicated office footprint provide a practical layout for a range of light industrial and logistics-oriented uses.
Key Highlights
- 30,000 SF total with 7,000± SF 2‑story office
- 2.24 acres total, including 1.70± acres fenced
- Ample power plus Cummins back‑up generator
Financial Insights For Flex RnD
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 | $468.0k | $15.60 |
| − Vacancy | −$37.4k | −$1.25 |
| EGI | $430.6k | $14.35 |
| − OpEx | −$150.7k | −$5.02 |
| NOI | $279.9k | $9.33 |
30,000 SF · lease $15.60/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$4.00M
$3.50M – $4.66M
NOI $279,864 @ 7.0% cap · market cap 8.00%
Second Best
Warehouse
$2.94M
$2.58M – $3.43M
NOI $206,046 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$7.19M
$6.29M – $8.39M
NOI $503,101 @ 7.0% cap · market cap 14.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Zannino's Catering — 7770 Gough St, Baltimore, MD 21224
Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse offering 7 drive-in bays plus 2-story office space and extensive fenced parking.
Where is this flex space located?
The property is located at 7675 Canton Center Dr Baltimore, MD.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 30,000 SF total with 7,000± SF 2‑story office; 2.24 acres total, including 1.70± acres fenced; Ample power plus Cummins back‑up generator
