Industrial Flex Production
43880 Commerce Ave Hollywood, MD 20636
43880 Commerce Ave, Hollywood, MD, 20636
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For Sale
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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
Price / SF$195.77
Days on Market133
Property Features for 43880 Commerce Ave
General Information
- Standard status
- Active
- Size
- 94,500 SF
- Lot size
- 8.50 Acres
- Property subtype
- Industrial
Listing agency
Hyatt Commercial
Listed by
Nick G. Stellway · License #MD 5007878
Source
Crexi
Added: Mar 11 Updated: Jul 20 at 3:55PM Checked: Jul 21 at 11:22AM
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
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.
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 | $2.32M | $24.60 |
| − Vacancy | −$418.4k | −$4.43 |
| EGI | $1.91M | $20.17 |
| − OpEx | −$667.2k | −$7.06 |
| NOI | $1.24M | $13.11 |
94,500 SF · lease $24.60/SF/yr · vacancy 18.00% · expense 35.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
SAIC
Engineering Consultant
Coherent Technical Services ...
Engineering Consultant
Coherent Technical Services, ...
Industrial Manufacturer
FAQs
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 Ave 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.
