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Warehouse/Truck Service Property
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3701 E Baltimore St, Baltimore, MD 21224

Warehouse and truck service property with fenced yard, three buildings, drive-in doors, and a gantry crane in Building 3.

Property Size6,380 SF
Price / SF$94.04
Days on Market445

Property Features for 3701 E Baltimore St

General Information

Standard status Active
Size 6,380 SF
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Drive-In Doors 3

Building Details

Buildings 3
Listing Agency: MacKenzie Commercial Real Estate | Baltimore
Listed By: Andrew Meeder
Source: Moodyscre
Added: May 14, 2025 Changed: Jul 30 Last Checked: Jul 30 at 12:48AM

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 warehouse/truck service property includes approximately 6,380 SF across three buildings. Each building has drive-in doors, supporting truck and contractor service use. The site also features a fenced yard for controlled vehicle and material storage, along with an air compressor. Building 3 includes a gantry crane.

The property offers easy access to I-95, I-895, and Rt. 40/Pulaski Hwy. It is also located with close proximity to Downtown Baltimore and the Port of Baltimore.

Suitable for businesses that need warehouse space plus direct truck access and on-site equipment, the layout and improvements are designed for practical daily operations.

Key Highlights

  • Approximately 6,380 SF across three buildings
  • Drive‑in doors in all three buildings
  • Fenced yard for controlled storage

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 $55.9k $8.76
− Vacancy −$4.3k −$0.68
EGI $51.6k $8.08
− OpEx −$7.7k −$1.21
NOI $43.8k $6.87
6,380 SF · lease $8.76/SF/yr · vacancy 7.76% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$626.0K
$547.7K – $730.3K (±1% cap)
NOI $43,819 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,993 @ 7.0% cap · market cap 17.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Fast Auto Mechanic Auto Repair Shop Reilly's Designs International, ... General Contractor

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Drive-in doors
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,967
Businesses Nearby
Balanced
Demand for This Use

Demographics for 21224, MD

54,266
Population
23,433
Households
2.3
Avg Household Size
33
Median Age
50%
College-Educated
85%
High-School Grad
9.3 sq mi
ZIP Area
5,835
Density / Sq Mi
$86,209
Median Household Income
$63,556
Median Earnings
$1,782
Median Rent
$281,400
Median Home Value

Market

Vacancy Rate% for Industrial in Baltimore, MD

6.4% 2019
5.9% 2020
2.6% 2021
3% 2022
3% 2023
7.6% 2024
8.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Baltimore Monthly Parking — 2703 Foster Ave, Baltimore, MD 21224
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  • Jessy Self Storage Unit — 101 S Ellwood Ave, Baltimore, MD 21224
  • Highland Storage — 3305 Esther Pl, Baltimore, MD 21224
  • ezStorage — 3820 Pulaski Hwy, Baltimore, MD 21224

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse and truck service property with fenced yard, three buildings, drive-in doors, and a gantry crane in Building 3.
Where is this warehouse located?
The property is located at 3701 E Baltimore St Baltimore, MD.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 6,380 SF across three buildings; Drive‑in doors in all three buildings; Fenced yard for controlled storage
(443) 625-8635 Call to check price and availability
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