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Warehouse with Drive-In Door
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502 Pulaski Hwy, Aberdeen, MD 21001

New 3,300 SF warehouse on a 1.05-acre corner lot with B3 zoning and direct access to Route 40.

Property Size3,300 SF
Price / SF$136.36
Days on Market153

Property Features for 502 Pulaski Hwy

General Information

Standard status Active
Size 3,300 SF
Property subtype FLEX_R_AND_D
Listing Agency: MacKenzie Commercial Real Estate | Baltimore
Listed By: John Michael
Source: Moodyscre
Added: Feb 27 Changed: Jul 30 Last Checked: Jul 30 at 6:01AM

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.

502 Pulaski Highway offers a newly developed 3,300 SF ± warehouse on a 1.05-acre ± corner lot. The property is zoned B3 and includes direct access to Route 40. A drive-in door supports practical logistics and service-focused uses.

An accompanying car lot is available as part of the offering, providing space that may fit automotive-oriented operations. The site also benefits from visibility along Route 40, supporting customer or pass-by traffic.

The layout and site features make the property a straightforward fit for tenants or owners looking for a warehouse with vehicle-related outdoor space, particularly for car mechanics or used car sales operations.

Key Highlights

  • 3,300 SF ± newly developed warehouse
  • 1.05‑acre ± corner lot
  • B3 zoning

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 $29.7k $9.00
− Vacancy −$1.0k −$0.32
EGI $28.7k $8.69
− OpEx −$4.3k −$1.30
NOI $24.4k $7.38
3,300 SF · lease $9.00/SF/yr · vacancy 3.50% · expense 15.00%

Alternative Uses

Best Use
Retail
$667.3K
$583.9K – $778.5K (±1% cap)
NOI $46,708 @ 7.0% cap · market cap 10.38%
Second Best
Flex RnD
$636.9K
$557.3K – $743.0K (±1% cap)
NOI $44,581 @ 7.0% cap · market cap 9.91%
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M (±1% cap)
NOI $81,279 @ 7.0% cap · market cap 18.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Plumbing Service Auto Parts Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - New 3,300 SF warehouse on a 1.05-acre corner lot with B3 zoning and direct access to Route 40.
Where is this warehouse located?
The property is located at 502 Pulaski Hwy Aberdeen, MD.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,300 SF ± newly developed warehouse; 1.05‑acre ± corner lot; B3 zoning
(443) 573-3219 Call to check price and availability
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