Baltimore Truck Terminal For
For Sale
$1,200,000
300 South Kresson St, Baltimore, MD 21224
for lease in Baltimore, MD
Property Size5,000 SF
Lot Size0.70 Acres
Price / SF$240
Days on Market307
Property Features for 300 South Kresson St
General Information
Standard status
Active
Property type
Truck terminals, Distribution properties
Size
5,000 SF
Class
C
Lot size
0.70 Acres
Listed By:
Jim Chivers
(443) 928-7522
Added: Dec 19, 2025
Changed: Mar 16
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a truck terminal for sale, featuring a 5,000 square foot building situated on a 0.7-acre lot. The property includes dock loading capabilities and is zoned I-2.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,341
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,820
$686.8K
Cap Rate 7%
$490,586
$490.6K
Cap Rate 9%
$381,567
$381.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$43.8K $8.76/SF
− Vacancy
−$3.4K −$0.68/SF
EGI
$40.4K $8.08/SF
− OpEx
−$6.1K −$1.21/SF
NOI
$34.3K $6.87/SF
Area
ZIP 21224
Vacancy
7.76%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,820
Cap Rate 7%
$490,586
Cap Rate 9%
$381,567
Alternative Uses
Best Use
Warehouse
$490.6K
$429.3K – $572.4K
NOI $34,341 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,850 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,082
Businesses Nearby
Explore this area
Business Placement
Demographics for 21224, MD
54,266
Population
23,433
Households
2.3
Avg Household Size
33
Median Age
50%
College-Educated
85%
High-School Grad
9.3 sq mi
ZIP Area
5,835
Density / Sq Mi
$86,209
Median Household Income
$63,556
Median Earnings
$1,782
Median Rent
$281,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Baltimore, MD
Frequently Asked Questions
What type of property is this?
Truck terminal - for lease in Baltimore, MD
Where is this truck terminal located?
The property is located at 300 South Kresson St Baltimore, MD.
What is the asking price?
The asking price for this property is $1,200,000.
