Detached Light Industrial Flex
2893 Jessup Road Jessup, MD 20794
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.
Property Size3,340 SF
Lot Size0.75 Acres
Price / SF$238.02
Days on Market383
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
Listing Agency:
Coldwell Banker Realty
(443) 336-5091
Listed By:
Wendy Oliver · License #17673
(443) 336-5091
Source:
Xome
Added: Jul 13, 2025
Changed: Jul 10
Last Checked: Jul 16 at 5:49AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
NOI $50,124 @ 7.0% cap · market cap 6.30%
Second Best
Industrial
$544.1K
$476.1K – $634.8K
NOI $38,086 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M
NOI $86,705 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
