Industrial Flex Production
For Sale
Contact for pricing
Pending
43880 Commerce Avenue, Hollywood, MD 20636
Industrial facility with warehouse, production, and office space plus dock and drive-in loading on 8.5 acres.
Property Size94,500 SF
Lot Size8.50 Acres
Days on Market224
Property Features for 43880 Commerce Avenue
General Information
Standard status
Pending
Size
94,500 SF
Lot size
8.50 Acres
Property subtype
Industrial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Additional Details
Clear Height
30 ft
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Hyatt Commercial
Listed By:
Nick G. Stellway · License #MD 5007878
(443) 584-4494
Source:
Crexi
Added: Mar 11
Changed: Oct 19
Last Checked: Oct 19 at 5:20AM
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 Hyatt Commercial
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Investment Insights
Based on property information with market context.
43880 Commerce Avenue is a 94,500-square-foot industrial facility offering a mix of warehouse, production, and office space. Clear heights range from 28 to 30 feet, supporting a variety of light industrial and production uses. The property includes both dock and drive-in loading, providing practical flexibility for inbound and outbound operations.
The site is located in the Hollywood industrial corridor of St. Marys County, Maryland, approximately 6.8 miles (about a 15-minute drive) from Gate 1 of Naval Air Station Patuxent River. It also has access to the Three Notch Road commercial corridor, which serves as a primary retail and business district for the Pax River market.
Offered as an investment sale, the property features over nine years remaining on the existing lease at the time of listing.
The site is located in the Hollywood industrial corridor of St. Marys County, Maryland, approximately 6.8 miles (about a 15-minute drive) from Gate 1 of Naval Air Station Patuxent River. It also has access to the Three Notch Road commercial corridor, which serves as a primary retail and business district for the Pax River market.
Offered as an investment sale, the property features over nine years remaining on the existing lease at the time of listing.
Key Highlights
- 94,500 SF industrial facility on 8.5 acres in Hollywood, MD with warehouse, production, and office space.
- Over nine years remaining on the existing lease, offered as an investment sale.
- 28–30 ft clear heights with both dock and drive‑in loading.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,239,065
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,781,300
$24.8M
Cap Rate 7%
$17,700,929
$17.7M
Cap Rate 9%
$13,767,389
$13.8M
Market Conditions
NOI Build-Up for 94,500 SF
Gross rent
$2.32M $24.60/SF
− Vacancy
−$418.4K −$4.43/SF
EGI
$1.91M $20.17/SF
− OpEx
−$667.2K −$7.06/SF
NOI
$1.24M $13.11/SF
Area
St. Mary's County, MD
Vacancy
18.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,781,300
Cap Rate 7%
$17,700,929
Cap Rate 9%
$13,767,389
Alternative Uses
Best Use
Flex RnD
$17.70M
$15.49M – $20.65M
NOI $1,239,065 @ 7.0% cap · market cap 6.70%
Second Best
Warehouse
$15.22M
$13.31M – $17.75M
NOI $1,065,110 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$35.05M
$30.66M – $40.89M
NOI $2,453,187 @ 7.0% cap · market cap 13.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
30 ft
Clear height
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20636, MD
10,615
Population
3,906
Households
2.7
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
34.4 sq mi
ZIP Area
309
Density / Sq Mi
$159,800
Median Household Income
$75,762
Median Earnings
$1,158
Median Rent
$470,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Industrial facility with warehouse, production, and office space plus dock and drive-in loading on 8.5 acres.
Where is this flex space located?
The property is located at 43880 Commerce Avenue Hollywood, MD.
What is the asking price?
The asking price for this property is $18,500,000.
What are key features of this property?
This property features: 94,500 SF industrial facility on 8.5 acres in Hollywood, MD with warehouse, production, and office space.; Over nine years remaining on the existing lease, offered as an investment sale.; 28–30 ft clear heights with both dock and drive‑in loading.
