2893 Jessup Road, Jessup, MD 20794
Detached flex facility on a high-visibility corridor, offering multi-level office space and an open lower level for storage or creative use.
- 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
Listing agent Wendy Oliver License #17673 (443) 336-5091
Listing office Coldwell Banker Realty (443) 336-5091
Listing date Jul 9, 2025
Source Xome
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jessup
- County
- Howard
- State
- Maryland
- Longitude
- -76.7669784
- Latitude
- 39.1433058