Office-Warehouse Flex
511 N Bentz Street, Frederick, MD 21701
For Sale
Contact for pricing
The current office-and-warehouse configuration is available for immediate occupancy.
Property Size2,800 SF
Price / SF$176.79
Days on Market9
Property Features for 511 N Bentz Street
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Property Use
Building Details
Building Size
Listing Agency:
Warner Commercial
Listed By:
Jonathan Warner · License MD #91909
(301) 663-0202
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 10 at 8:32AM
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 Warner Commercial
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Investment Insights
Based on property information with market context.
This flex space is configured with office and warehouse areas and is available for occupancy. The building is on N Bentz Street in downtown Frederick, with immediate proximity to FHH and Route 15.
Key Highlights
- Office and warehouse areas in the current layout
- Available for immediate occupancy
- Downtown Frederick location near FHH and Route 15
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,265
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,300
$525.3K
Cap Rate 7%
$375,214
$375.2K
Cap Rate 9%
$291,833
$291.8K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$32.9K $11.74/SF
− Vacancy
−$2.0K −$0.70/SF
EGI
$30.9K $11.04/SF
− OpEx
−$4.6K −$1.66/SF
NOI
$26.3K $9.38/SF
Area
Frederick County, MD
Vacancy
6.00%
Lease Rate
$11.74 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,300
Cap Rate 7%
$375,214
Cap Rate 9%
$291,833
Alternative Uses
Best Use
Warehouse
$375.2K
$328.3K – $437.8K
NOI $26,265 @ 7.0% cap · market cap 5.31%
Second Best
Industrial
$309.0K
$270.4K – $360.5K
NOI $21,630 @ 7.0% cap · market cap 4.37%
Theoretical Best
Specialty Retail
$1.04M
$907.8K – $1.21M
NOI $72,627 @ 7.0% cap · market cap 14.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,591
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 21701, MD
39,629
Population
18,914
Households
2.1
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
998
Density / Sq Mi
$102,306
Median Household Income
$59,381
Median Earnings
$1,607
Median Rent
$404,900
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
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- Love Boards — 300 E 2nd St, Frederick, MD 21701
- The Box Theory — 300 E 2nd St, Frederick, MD 21701
Frequently Asked Questions
What type of property is this?
Flex space - The current office-and-warehouse configuration is available for immediate occupancy.
Where is this flex space located?
The property is located at 511 N Bentz Street Frederick, MD.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Office and warehouse areas in the current layout; Available for immediate occupancy; Downtown Frederick location near FHH and Route 15
