Warehouse Flex Building with Drive-In
3010 Hamilton Ave Baltimore, MD 21214
For Sale
Contact for pricing
Warehouse/flex building features four drive-in doors and two access points via Hamilton Avenue and Wisteria Avenue.
Property Size7,317 SF
Price / SF$116.17
Days on Market526
Property Features for 3010 Hamilton Ave
General Information
Standard status
Active
Size
7,317 SF
Property subtype
INDUSTRIAL
Listing Agency:
MacKenzie Commercial Real Estate - Corporate
(410) 627-6881
Listed By:
Mike Ruocco
(410) 627-6881
Source:
Moodyscre
Added: Feb 19, 2025
Changed: Jul 28
Last Checked: Jul 29 at 1:28PM
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 MacKenzie Commercial Real Estate - Corporate
Investment Insights
Based on property information with market context.
This warehouse/flex building offers approximately 7,317 square feet of space for sale or lease. The facility includes four drive-in doors in total, with two located at the front and two at the rear, supporting straightforward loading and circulation. The property also provides about 65 feet of frontage and two means of access/entry, with Hamilton Avenue at the front and Wisteria Avenue at the rear.
The building is positioned just off the signalized intersection with Harford Road/Route 147, which is listed at 23,254 cars per day. Nearby retail includes Harvest Fare Supermarket, Dunkin’, and Royal Farms, providing additional day-to-day commercial activity in the surrounding area.
Overall, the configuration is designed for flexible warehouse operations with direct drive-in loading from both the front and rear.
The building is positioned just off the signalized intersection with Harford Road/Route 147, which is listed at 23,254 cars per day. Nearby retail includes Harvest Fare Supermarket, Dunkin’, and Royal Farms, providing additional day-to-day commercial activity in the surrounding area.
Overall, the configuration is designed for flexible warehouse operations with direct drive-in loading from both the front and rear.
Key Highlights
- 7,317 SF warehouse/flex building available for sale or lease in Baltimore, MD
- Four drive‑in doors total: 2 in front and 2 in rear
- 65 feet ± of frontage along Hamilton Avenue
Financial Insights For Warehouse
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 | $61.5k | $8.40 |
| − Vacancy | −$4.8k | −$0.65 |
| EGI | $56.7k | $7.75 |
| − OpEx | −$8.5k | −$1.16 |
| NOI | $48.2k | $6.59 |
7,317 SF · lease $8.40/SF/yr · vacancy 7.76% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$1.13M
$989.9K – $1.32M
NOI $79,188 @ 7.0% cap · market cap 9.32%
Second Best
Warehouse
$688.4K
$602.4K – $803.2K
NOI $48,189 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.75M
$1.53M – $2.05M
NOI $122,706 @ 7.0% cap · market cap 14.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Atlantic Caterers — 4507 Harford Rd, Baltimore, MD 21214
- Lady T’s Catering — 4709 Harford Rd, Baltimore, MD 21214
- Invite Only Baltimore — 4709 Harford Rd Suite 60, Baltimore, MD 21214
- Kuramo Restaurant — 5702 Harford Rd, Baltimore, MD 21214
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse/flex building features four drive-in doors and two access points via Hamilton Avenue and Wisteria Avenue.
Where is this flex space located?
The property is located at 3010 Hamilton Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 7,317 SF warehouse/flex building available for sale or lease in Baltimore, MD; Four drive‑in doors total: 2 in front and 2 in rear; 65 feet ± of frontage along Hamilton Avenue
