Flex Warehouse with
4700 Varnum St Bladensburg, MD 20710
For Sale
Contact for pricing
Industrial warehouse includes office space, a 10’ x 10’ drive-in, and outdoor storage for car or fleet parking.
Property Size3,961 SF
Price / SF$302.95
Days on Market149
Property Features for 4700 Varnum St
General Information
Standard status
Active
Size
3,961 SF
Property subtype
INDUSTRIAL
Listing Agency:
MacKenzie Commercial Real Estate | Baltimore
(443) 875-7505
Listed By:
Bryan Herr
(443) 875-7505
Source:
Moodyscre
Added: Mar 2
Changed: Jul 26
Last Checked: Jul 28 at 3:29PM
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
Investment Insights
Based on property information with market context.
This flex warehouse building includes approximately 3,961 square feet of warehouse space plus office area with a small conference room. The property features one drive-in opening measuring 10’ wide by 10’ high, along with two heaters to support interior climate needs. Outdoor storage space is available for car or fleet parking.
The location provides easy access to Route 1 and Route 450, supporting convenient inbound and outbound operations.
The building is configured to support mixed warehouse and office use, with practical vehicle access through the drive-in door and associated exterior storage.
The location provides easy access to Route 1 and Route 450, supporting convenient inbound and outbound operations.
The building is configured to support mixed warehouse and office use, with practical vehicle access through the drive-in door and associated exterior storage.
Key Highlights
- 3,961 SF warehouse building (47’ x 78’)
- Includes office space with a small conference room
- One drive‑in door: 10’ w x 10’ h
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 | $102.2k | $25.80 |
| − Vacancy | −$12.5k | −$3.15 |
| EGI | $89.7k | $22.65 |
| − OpEx | −$13.5k | −$3.40 |
| NOI | $76.3k | $19.25 |
3,961 SF · lease $25.80/SF/yr · vacancy 12.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.09M
$953.3K – $1.27M
NOI $76,267 @ 7.0% cap · market cap 6.36%
Second Best
Industrial
$897.3K
$785.1K – $1.05M
NOI $62,808 @ 7.0% cap · market cap 5.23%
Theoretical Best
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,446 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- U-Store — 4151 Kenilworth Ave, Bladensburg, MD 20710
- U-Store — 3860 Kenilworth Ave, Bladensburg, MD 20710
- Bladensburg Self Storage LLC — 4252 Kenilworth Ave, Bladensburg, MD 20710
- Berliner Mobile Vending & Freezer Storage — 5101 Buchanan St, Bladensburg, MD 20710
- Berliner Mobile Vending & Cold Storage — 5101 Buchanan St, Hyattsville, MD 20781
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse includes office space, a 10’ x 10’ drive-in, and outdoor storage for car or fleet parking.
Where is this warehouse located?
The property is located at 4700 Varnum St Bladensburg, MD.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3,961 SF warehouse building (47’ x 78’); Includes office space with a small conference room; One drive‑in door: 10’ w x 10’ h
