Climate-Controlled Flex
239 E BALTIMORE STREET #D, Taneytown, MD 21787
For Sale
Contact for pricing
Adaptable space includes office, service, and vehicle-access features for industrial or commercial operations.
Property Size5,000 SF
Price / SF$0.90
Days on Market51
Property Features for 239 E BALTIMORE STREET #D
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Drive-In Doors
Conditioned Warehouse
Additional Details
Road Access
Amenities
breakroom
full bathroom
private multi-level conference room
Building Details
Year Built
Listing Agency:
Neighborhood Assistance Corporation of America
(410) 783-0465
Listed By:
Jenn Schneider · License #BR40000226
(410) 802-1190
Source:
Cummingsrealtors
Added: Sep 18
Changed: Nov 6
Last Checked: Nov 6 at 10:05AM
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 Neighborhood Assistance Corporation of America
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Investment Insights
Based on property information with market context.
This 5,000-square-foot flex property provides a climate-controlled interior with a garage door sized to accommodate up to 10 vehicles, including vans and trucks. The layout includes an office suite, breakroom, full bathroom, and private multi-level conference room. Built in 1940, the space is located at 239 E Baltimore Street in Taneytown, Maryland.
The property fronts E Baltimore Street and has access to public transportation. Westminster is less than 15 minutes away, providing a nearby connection for business operations and employees. Its combination of conditioned space, office accommodations, conference facilities, and vehicle access supports a range of industrial, warehouse, retail, storage, auto-related, or office configurations.
The property fronts E Baltimore Street and has access to public transportation. Westminster is less than 15 minutes away, providing a nearby connection for business operations and employees. Its combination of conditioned space, office accommodations, conference facilities, and vehicle access supports a range of industrial, warehouse, retail, storage, auto-related, or office configurations.
Key Highlights
- 5,000 square feet of climate‑controlled flex space
- Garage door accommodates up to 10 vehicles, including vans and trucks
- Office suite with breakroom and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,695
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,900
$533.9K
Cap Rate 7%
$381,357
$381.4K
Cap Rate 9%
$296,611
$296.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$41.4K $8.28/SF
− Vacancy
−$331 −$0.07/SF
EGI
$41.1K $8.21/SF
− OpEx
−$14.4K −$2.87/SF
NOI
$26.7K $5.34/SF
Area
Carroll County, MD
Vacancy
0.80%
Lease Rate
$8.28 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,900
Cap Rate 7%
$381,357
Cap Rate 9%
$296,611
Alternative Uses
Best Use
Warehouse
$498.2K
$435.9K – $581.2K
NOI $34,873 @ 7.0% cap · market cap 774.96%
Second Best
Industrial
$410.3K
$359.0K – $478.7K
NOI $28,719 @ 7.0% cap · market cap 638.20%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,798 @ 7.0% cap · market cap 2,884.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21787, MD
11,066
Population
4,429
Households
2.5
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
61.1 sq mi
ZIP Area
181
Density / Sq Mi
$88,212
Median Household Income
$48,026
Median Earnings
$870
Median Rent
$344,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable space includes office, service, and vehicle-access features for industrial or commercial operations.
Where is this flex space located?
The property is located at 239 E BALTIMORE STREET #D Taneytown, MD.
What are key features of this property?
This property features: 5,000 square feet of climate‑controlled flex space; Garage door accommodates up to 10 vehicles, including vans and trucks; Office suite with breakroom and 1 full bathroom
