Warehouse/Truck Service
3701 E Baltimore St, Baltimore, MD 21224
For Sale
Contact for pricing
Warehouse and truck service property with fenced yard, three buildings, drive-in doors, and a gantry crane in Building 3.
Property Size6,380 SF
Price / SF$94.04
Days on Market547
Property Features for 3701 E Baltimore St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Fenced Yard
Additional Details
Drive-In Doors
Building Details
Buildings
Listing Agency:
MacKenzie Commercial Real Estate | Baltimore
(443) 573-3200
Listed By:
Andrew Meeder
(443) 625-8635
Source:
Moodyscre
Added: May 14, 2025
Changed: Oct 26
Last Checked: Nov 10 at 8:20AM
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 | Baltimore
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse/truck service property includes approximately 6,380 SF across three buildings. Each building has drive-in doors, supporting truck and contractor service use. The site also features a fenced yard for controlled vehicle and material storage, along with an air compressor. Building 3 includes a gantry crane.
The property offers easy access to I-95, I-895, and Rt. 40/Pulaski Hwy. It is also located with close proximity to Downtown Baltimore and the Port of Baltimore.
Suitable for businesses that need warehouse space plus direct truck access and on-site equipment, the layout and improvements are designed for practical daily operations.
The property offers easy access to I-95, I-895, and Rt. 40/Pulaski Hwy. It is also located with close proximity to Downtown Baltimore and the Port of Baltimore.
Suitable for businesses that need warehouse space plus direct truck access and on-site equipment, the layout and improvements are designed for practical daily operations.
Key Highlights
- Approximately 6,380 SF across three buildings
- Drive‑in doors in all three buildings
- Fenced yard for controlled storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,819
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,380
$876.4K
Cap Rate 7%
$625,986
$626.0K
Cap Rate 9%
$486,878
$486.9K
Market Conditions
NOI Build-Up for 6,380 SF
Gross rent
$55.9K $8.76/SF
− Vacancy
−$4.3K −$0.68/SF
EGI
$51.6K $8.08/SF
− OpEx
−$7.7K −$1.21/SF
NOI
$43.8K $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%
$876,380
Cap Rate 7%
$625,986
Cap Rate 9%
$486,878
Alternative Uses
Best Use
Warehouse
$626.0K
$547.7K – $730.3K
NOI $43,819 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,993 @ 7.0% cap · market cap 17.83%
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
Lease Details
3
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,967
Businesses Nearby
Balanced
Demand for This Use
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
$281,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Baltimore, MD
Properties on Market for Warehouses in Baltimore
Vacancy Rate% for Industrial in Baltimore, MD
Similar Off Market Nearby
- Baltimore Monthly Parking — 2703 Foster Ave, Baltimore, MD 21224
- Self Storage Facility — 416 Grundy St, Baltimore, MD 21224
- Jessy Self Storage Unit — 101 S Ellwood Ave, Baltimore, MD 21224
- Highland Storage — 3305 Esther Pl, Baltimore, MD 21224
- ezStorage — 3820 Pulaski Hwy, Baltimore, MD 21224
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse and truck service property with fenced yard, three buildings, drive-in doors, and a gantry crane in Building 3.
Where is this warehouse located?
The property is located at 3701 E Baltimore St Baltimore, MD.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 6,380 SF across three buildings; Drive‑in doors in all three buildings; Fenced yard for controlled storage
