Warehouse with Car
For Sale
Contact for pricing
502 Pulaski Highway, Aberdeen, MD 21001
3,300 SF warehouse with car lot on 1.05 acres.
Property Size3,300 SF
Lot Size1.05 Acres
Price / SF$0.01
Days on Market202
Property Features for 502 Pulaski Highway
General Information
Standard status
Active
Size
3,300 SF
Lot size
1.05 Acres
Property subtype
Flex
Zoning
B3
Building Details
Building Size
3,300 SF
Listing Agency:
MacKenzie Commercial Real Estate | Baltimore
Listed By:
Beetle Smith
(443) 573-3219
Source:
Mackenziecommercial
Added: Apr 3
Changed: Oct 16
Last Checked: Oct 20 at 5:05PM
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.
The property at 502 Pulaski Highway, Aberdeen, Maryland, features a newly developed 3,300 square foot warehouse with an accompanying car lot. The property is situated on a 1.05 acre corner lot. It has B3 zoning and direct access to Route 40. The property features a drive-in door and excellent visibility. It has strong potential for car mechanics or used car sales operations. The property is available for lease or sale.
Key Highlights
- Newly developed 3,300 square foot ± warehouse with car lot.
- Located on a 1.05 acre ± corner lot with B3 zoning.
- Direct access to Route 40.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,062
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,240
$401.2K
Cap Rate 7%
$286,600
$286.6K
Cap Rate 9%
$222,911
$222.9K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$29.7K $9.00/SF
− Vacancy
−$1.0K −$0.32/SF
EGI
$28.7K $8.69/SF
− OpEx
−$8.6K −$2.61/SF
NOI
$20.1K $6.08/SF
Area
Harford County, MD
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,240
Cap Rate 7%
$286,600
Cap Rate 9%
$222,911
Alternative Uses
Best Use
Flex RnD
$636.9K
$557.3K – $743.0K
NOI $44,581 @ 7.0% cap · market cap 222,905.00%
Second Best
Industrial
$286.6K
$250.8K – $334.4K
NOI $20,062 @ 7.0% cap · market cap 100,310.00%
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,279 @ 7.0% cap · market cap 406,395.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21001, MD
25,714
Population
11,010
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
30.0 sq mi
ZIP Area
857
Density / Sq Mi
$81,778
Median Household Income
$49,765
Median Earnings
$1,391
Median Rent
$267,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 3,300 SF warehouse with car lot on 1.05 acres.
Where is this flex space located?
The property is located at 502 Pulaski Highway Aberdeen, MD.
What are key features of this property?
This property features: Newly developed 3,300 square foot ± warehouse with car lot.; Located on a 1.05 acre ± corner lot with B3 zoning.; Direct access to Route 40.
