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    Detached Light Industrial Flex Building Title is generated by Realmo AI

    2893 Jessup Road, Jessup, MD 20794

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    For Sale
    $795,000

    Detached flex facility on a high-visibility corridor, offering multi-level office space and an open lower level for storage or creative use.

    Type:Mixed Use
    Property size:
    3,340 SF
    Lot size:
    0.75 Acres
    Price / SF:
    $238/SF
    Added:
    Jul 9, 2025
    Days on Market:
    341
    Last Refresh:
    Jun 14 at 1:55 am

    Property Features for 2893 Jessup Road

    General Information

    Standard status
    Active
    Size
    3,340 SF
    Lot size
    0.75 Acres
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1965

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    Listing Contact
    Wendy Oliver
    Wendy Oliver

    Listing agent Wendy Oliver License #17673

    Listing office Coldwell Banker Realty

    Listing date Jul 9, 2025

    Source Xome

    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 Coldwell Banker Realty

    HighLights

    • Detached W‑1 light industrial flex building on a three‑quarter acre parcel on Route 175/Jessup Road corridor
    • Over 3,300+ SF of multi‑level space with seven private workspaces and a glass‑lined conference room with windows on three sides
    • Interior includes a communal kitchen, two full baths, and a powder room between two offices
    • Two separate entrances allow configurable use for multi‑tenant setup or client‑facing vs. back‑of‑house
    • Open epoxy‑floored lower level for storage, fitness, inventory, or conversion to creative use areas
    • 14‑car paved driveway plus fenced, landscaped courtyard; oversized Amish‑built shed with electric and exterior lighting

    Overview

    This standalone light industrial flex building is detached on a high-visibility, three-quarter acre parcel. The property includes multi-level interior space totaling just over 3,300 square feet, with seven private workspaces on the upper levels, a glass-lined conference room with windows on three sides, and multiple restroom areas including two full baths and a powder room. A communal kitchen supports day-to-day operations. Interior finishes include red oak floors, solid wood doors, and business-grade lighting, along with upgraded electrical and equipment-ready outlets. The lower level is wide open with an epoxy-floored configuration, suitable for light storage, fitness, inventory, or other creative conversion uses. The building also features separate entrances, which can support client-facing versus back-of-house layouts or multi-tenant configurations. Outside, there is a landscaped, fenced courtyard breakout area and an oversized Amish-built shed with electric and exterior lighting. Parking is provided by a paved driveway with capacity for 14 vehicles.

    The site is positioned along the Route 175/Jessup Road corridor and is described as having open space extending to the rear. Recent updates by the long-term owner include roof, HVAC, windows, and the kitchen. The property is zoned W1 for light industrial use.

    For owner-users, contractors, and creative office operators, the combination of private upper-level offices, conference space, and a flexible open lower level supports a range of operational needs. The separate entrances and detached setting also make it well-suited to organizations seeking control over their space layout, with parking and outdoor areas to accommodate daily staff and client visits.

    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 $80.2k $24.00
    − Vacancy −$3.0k −$0.91
    EGI $77.1k $23.09
    − OpEx −$27.0k −$8.08
    NOI $50.1k $15.01
    3,340 SF · lease $24.00/SF/yr · vacancy 3.80% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $716.1K
    $626.6K – $835.4K (±1% cap)
    NOI $50,124 @ 7.0% cap · market cap 6.30%
    Second Best
    Industrial
    $544.1K
    $476.1K – $634.8K (±1% cap)
    NOI $38,086 @ 7.0% cap · market cap 4.79%
    Theoretical Best
    Office A
    $1.24M
    $1.08M – $1.45M (±1% cap)
    NOI $86,705 @ 7.0% cap · market cap 10.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Richard Vogt Pa Accounting Firm

    Suggested Use

    Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center Auto Parts Store Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jessup
    County
    Howard
    State
    Maryland
    Longitude
    -76.7669784
    Latitude
    39.1433058

    FAQs

    What type of property is this?
    Flex space - Detached flex facility on a high-visibility corridor, offering multi-level office space and an open lower level for storage or creative use.
    Where is this flex space located?
    The property is located at 2893 Jessup Road Jessup, MD.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Detached W‑1 light industrial flex building on a three‑quarter acre parcel on Route 175/Jessup Road corridor; Over 3,300+ SF of multi‑level space with seven private workspaces and a glass‑lined conference room with windows on three sides; Interior includes a communal kitchen, two full baths, and a powder room between two offices
    More about this property
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