Flex Space with Yard
For Sale
Contact for pricing
10616 Beaver Dam Rd, Cockeysville, MD 21030
Flex space includes parking and yard area, with 2020 HVAC and roof upgrades for 10616.
Property Size7,980 SF
Price / SF$219.30
Days on Market890
Property Features for 10616 Beaver Dam Rd
General Information
Standard status
Active
Size
7,980 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
MacKenzie Commercial Real Estate | Baltimore
(410) 494-4866
Listed By:
Patrick Smith
Source:
Moodyscre
Added: Feb 21, 2024
Changed: Jul 27
Last Checked: Jul 30 at 12:22PM
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 Real Estate | Baltimore
Investment Insights
Based on property information with market context.
This flex space offers a functional layout supported by recent exterior and mechanical improvements, including HVAC and a roof replacement completed in 2020. The property also includes parking and yard space intended for a flex user.
The location is conveniently off I-83, with close proximity to Hunt Valley Towne Center and Hunt Valley Business Park. Signage is available on Beaver Dam Road. The zoning allows for a variety of uses.
As listed, 10616 provides a single flex offering within a market described as having low vacancy rates for flex product.
The location is conveniently off I-83, with close proximity to Hunt Valley Towne Center and Hunt Valley Business Park. Signage is available on Beaver Dam Road. The zoning allows for a variety of uses.
As listed, 10616 provides a single flex offering within a market described as having low vacancy rates for flex product.
Key Highlights
- Flex space at 10616 with parking and yard area for a flex user
- HVAC and roof replaced in 2020
- Conveniently located off I‑83 near Hunt Valley Towne Center and Hunt Valley Business Park
Financial Insights For Industrial
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 | $96.6k | $12.10 |
| − Vacancy | −$6.3k | −$0.79 |
| EGI | $90.3k | $11.31 |
| − OpEx | −$27.1k | −$3.39 |
| NOI | $63.2k | $7.92 |
7,980 SF · lease $12.10/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$902.8K
$790.0K – $1.05M
NOI $63,197 @ 7.0% cap · market cap 3.61%
Second Best
Office B
$799.3K
$699.4K – $932.5K
NOI $55,948 @ 7.0% cap · market cap 3.20%
Theoretical Best
Multifamily LT 5
$77.42M
$67.74M – $90.33M
NOI $5,419,519 @ 7.0% cap · market cap 309.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21030, MD
26,156
Population
11,341
Households
2.3
Avg Household Size
38
Median Age
53%
College-Educated
93%
High-School Grad
24.0 sq mi
ZIP Area
1,090
Density / Sq Mi
$97,875
Median Household Income
$54,052
Median Earnings
$1,600
Median Rent
$435,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Toscana Italian Deli and Catering — 10946 Beaver Dam Rd F, Cockeysville, MD 21030
Frequently Asked Questions
What type of property is this?
Flex space - Flex space includes parking and yard area, with 2020 HVAC and roof upgrades for 10616.
Where is this flex space located?
The property is located at 10616 Beaver Dam Rd Cockeysville, MD.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Flex space at 10616 with parking and yard area for a flex user; HVAC and roof replaced in 2020; Conveniently located off I‑83 near Hunt Valley Towne Center and Hunt Valley Business Park
