Versatile Warehouse with Outdoor
For Sale
Contact for pricing
4700 Varnum Street, Bladensburg, MD 20710
3,961 SF warehouse with office and outdoor storage.
Property Size3,961 SF
Price / SF$0.00
Days on Market210
Property Features for 4700 Varnum Street
General Information
Standard status
Active
Size
3,961 SF
Property subtype
Industrial
Zoning
IE (Industrial, Employment)
Building Details
Building Size
3,961 SF
Listing Agency:
MacKenzie Commercial Real Estate | Baltimore
Listed By:
Bryan Herr
(410) 821-8585
Source:
Mackenziecommercial
Added: Apr 3
Changed: Oct 25
Last Checked: Oct 28 at 4:37AM
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
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.
The property at 4700 Varnum is a 3,961 square foot warehouse building available for sale or lease. It offers a versatile layout suitable for various commercial or industrial uses. The building includes a functional office area with a small conference room. It also features one 10’ x 10’ drive-in door and two heaters for climate control. The property provides outdoor storage space suitable for car or fleet parking. Its location offers easy access to Route 1 and Route 450.
Key Highlights
- 3,961 sq ft warehouse suitable for various commercial/industrial uses.
- Convenient location with easy access to Route 1 and Route 450.
- Includes valuable outdoor storage space for car/fleet parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,808
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,256,160
$1.3M
Cap Rate 7%
$897,257
$897.3K
Cap Rate 9%
$697,867
$697.9K
Market Conditions
NOI Build-Up for 3,961 SF
Gross rent
$102.2K $25.80/SF
− Vacancy
−$12.5K −$3.15/SF
EGI
$89.7K $22.65/SF
− OpEx
−$26.9K −$6.80/SF
NOI
$62.8K $15.86/SF
Area
Prince George's County, MD
Vacancy
12.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,256,160
Cap Rate 7%
$897,257
Cap Rate 9%
$697,867
Alternative Uses
Best Use
Warehouse
$1.09M
$953.3K – $1.27M
NOI $76,267 @ 7.0% cap · market cap 448,629.41%
Second Best
Industrial
$897.3K
$785.1K – $1.05M
NOI $62,808 @ 7.0% cap · market cap 369,458.82%
Theoretical Best
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,446 @ 7.0% cap · market cap 526,152.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
985
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 20710, MD
9,850
Population
3,593
Households
2.7
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
8,955
Density / Sq Mi
$64,406
Median Household Income
$41,899
Median Earnings
$1,658
Median Rent
$335,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- U-Store — 3860 Kenilworth Ave, Bladensburg, MD 20710
- U-Store — 4151 Kenilworth Ave, Bladensburg, MD 20710
- Bladensburg Self Storage LLC — 4252 Kenilworth Ave, Bladensburg, MD 20710
- Berliner Mobile Vending & Cold Storage — 5101 Buchanan St, Hyattsville, MD 20781
- Berliner Mobile Vending & Freezer Storage — 5101 Buchanan St, Bladensburg, MD 20710
Frequently Asked Questions
What type of property is this?
Warehouse - 3,961 SF warehouse with office and outdoor storage.
Where is this warehouse located?
The property is located at 4700 Varnum Street Bladensburg, MD.
What are key features of this property?
This property features: 3,961 sq ft warehouse suitable for various commercial/industrial uses.; Convenient location with easy access to Route 1 and Route 450.; Includes valuable outdoor storage space for car/fleet parking.
