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Rosedale Building For Sale
For Sale
$1,300,000

1331 Seling Ave, Baltimore, MD 21237

Building property for sale in Rosedale, MD

Property Size9,300 SF
Lot Size7.90 Acres
Price / SF$139.78
Days on Market291

Property Features for 1331 Seling Ave

General Information

Standard status Active
Property type Flex space, Industrial properties
Size 9,300 SF
Class C
Lot size 7.90 Acres
Listing Agency: Gold and Company
Listed By: Jim Chivers · License #617251
Added: Dec 19, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

The property is a 9,300 square-foot building situated on 7.88 acres. It features an outdoor pavilion and ample parking. The property is located in Baltimore, Maryland, with a postal code of 21237.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$100,649
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,012,980 $2.0M
Cap Rate 7%
$1,437,843 $1.4M
Cap Rate 9%
$1,118,322 $1.1M
Market Conditions
NOI Build-Up for 9,300 SF
Gross rent
$167.4K $18.00/SF
− Vacancy
−$12.6K −$1.35/SF
EGI
$154.8K $16.65/SF
− OpEx
−$54.2K −$5.83/SF
NOI
$100.6K $10.82/SF
Area
Baltimore, MD
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,012,980
Cap Rate 7%
$1,437,843
Cap Rate 9%
$1,118,322

Alternative Uses

Best Use
Flex RnD
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,649 @ 7.0% cap · market cap 7.74%
Second Best
Industrial
$733.5K
$641.9K – $855.8K (±1% cap)
NOI $51,348 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M (±1% cap)
NOI $155,961 @ 7.0% cap · market cap 12.00%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

American Legion Advocacy Group AMERICAN LEGION POST ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Pharmacy Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby
Under-served
Demand for This Use

Demographics for 21237, MD

31,477
Population
13,171
Households
2.4
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
2,786
Density / Sq Mi
$90,269
Median Household Income
$52,070
Median Earnings
$1,440
Median Rent
$280,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Tony's Diner Inc — 8419 Philadelphia Rd, Baltimore, MD 21237

Frequently Asked Questions

What type of property is this?
Flex space - Building property for sale in Rosedale, MD
Where is this flex space located?
The property is located at 1331 Seling Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $1,300,000.
More about this property
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