Leased Flex Property with Parking
2001 W 41st St Baltimore, MD 21211
2001 W 41st St, Baltimore, MD, 21211
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For Sale
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Flex space totaling 5,832 SF on 1.43 acres, 100% leased with ancillary parking income.
Property Size5,832 SF
Lot Size1.43 Acres
Price / SF$276.92
Days on Market195
Property Features for 2001 W 41st St
General Information
- Standard status
- Active
- Size
- 5,832 SF
- Lot size
- 1.43 Acres
- Property subtype
- FLEX_R_AND_D
Listing agency
Trout Daniel & Associates
(443) 921-9328
Listed by
Coleman Tirone · License #682211
Source
Moodyscre
Added: Jan 8 Updated: Jul 21 at 8:42PM Checked: Jul 21 at 8:42PM
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 Trout Daniel & Associates
Investment Insights
Based on property information with market context.
This flex property is 100% leased and includes 5,832 SF of flex space on 1.43 acres. The current lease structure also generates ancillary parking income, supporting the property’s overall cash flow profile.
The asset is located in the Woodberry neighborhood and offers convenient access to I-83.
Long-term leases are in place, and the offering notes that certain leases are below market value and are not triple-net. The property is presented with a 7.6% cap rate.
The asset is located in the Woodberry neighborhood and offers convenient access to I-83.
Long-term leases are in place, and the offering notes that certain leases are below market value and are not triple-net. The property is presented with a 7.6% cap rate.
Key Highlights
- 100% leased flex property with 5,832 SF total flex space on 1.43 acres
- 7.6% cap rate reported
- Long‑term leases in place
Local 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 | $105.0k | $18.00 |
| − Vacancy | −$7.9k | −$1.35 |
| EGI | $97.1k | $16.65 |
| − OpEx | −$34.0k | −$5.83 |
| NOI | $63.1k | $10.82 |
5,832 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$901.7K
$789.0K – $1.05M
NOI $63,117 @ 7.0% cap · market cap 3.91%
Second Best
Industrial
$460.0K
$402.5K – $536.7K
NOI $32,200 @ 7.0% cap · market cap 1.99%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,803 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sisson Street Automotive
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Chef BobbyD Restaurant Baltimore — 4032 Falls Rd, Baltimore, MD 21211
- Patchwork Catering — 3449 Falls Rd, Baltimore, MD 21211
- Hot Dog Central Hampden — 832 W 36th St, Baltimore, MD 21211, United States
FAQs
What type of property is this?
Flex space - Flex space totaling 5,832 SF on 1.43 acres, 100% leased with ancillary parking income.
Where is this flex space located?
The property is located at 2001 W 41st St Baltimore, MD.
What is the asking price?
The asking price for this property is $1,615,000.
What are key features of this property?
This property features: 100% leased flex property with 5,832 SF total flex space on 1.43 acres; 7.6% cap rate reported; Long‑term leases in place
