Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Development Site For Sale Title is generated by Realmo AI

    5214 Klees Mill Road S, Sykesville, MD 21784

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    10.56 acre industrial development site with approved building plans.

    Type:Industrial, Land
    Lot size:
    10.56 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    65
    Last Refresh:
    Apr 3 at 4:54 am

    Property Features for 5214 Klees Mill Road S

    General Information

    Standard status
    Active
    Lot size
    10.56 Acres
    Property subtype
    Industrial, Land

    We can help!

    Listing Contact
    Matthew Curran, SIOR

    Listing agent Matthew Curran, SIOR

    Listing office MacKenzie Commercial Real Estate | Baltimore

    Listing date Apr 3, 2026

    Source Mackenziecommercial

    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

    HighLights

    • Approved for up to 71,200 ± SF across two buildings.
    • 10.56± acre industrial development site.
    • Zoned I‑1 under Carroll County’s light industrial designation, permitting various uses.
    • Ample space for outdoor parking and storage.
    • Easy access to Route 26 (Liberty Road) and Route 97 (Washington Road).
    • Suitable for light manufacturing, contractor storage yards, warehouse distribution, and building supply storage.

    Overview

    A 10.56± acre industrial development site is available for sale. The property is approved for up to 71,200 ± square feet across two buildings and offers ample space for outdoor parking and storage. The site provides easy access to Route 26 (Liberty Road) and Route 97 (Washington Road). Zoned I-1 under Carroll County’s light industrial designation, the site permits various uses, including light manufacturing, contractor storage yards, warehouse distribution, and building supply storage.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sykesville
    County
    Carroll
    State
    Maryland
    Longitude
    -76.9748
    Latitude
    39.3995

    Nearby Similar for Sale

    • $1,000,000

      Corner Lot Commercial Opportunity

      Profitable commercial property on 0.46 acres in Sykesville, MD.
      7415 SPRINGFIELD AVE, SYKESVILLE, MD 21784
      View Details
    • $1,250,000
      2,558 SF

      Commercial Land in Prime Location

      Commercial land with building in a desirable location.
      2038 LIBERTY ROAD, SYKESVILLE, MD 21784
      View Details
    • $124,900

      Sykesville Land with Grand Views

      1.8 acre wooded lot with valley and river views.
      Parcel # 521 LONDON BRIDGE, SYKESVILLE, MD 21784
      View Details
    • $1,250,000

      Commercial Land in Prime Location

      1.07 acres of commercial land in Southern Carroll County.
      2038 LIBERTY RD, SYKESVILLE, MD 21784
      View Details
    • $1,500,000

      Industrial Land Near Existing Park

      Land suitable for industrial uses, potential for subdivision.
      5124 KLEE MILL Rd S, Sykesville, MD 21784
      View Details
    • $679,000
      5,600 SF

      Sykesville Office Building For Sale

      5,600 SF office building available in Sykesville, Maryland.
      1319 Lee Lane, Sykesville, MD 21784
      View Details
    • $3,500,000

      Howard County Farmland For Sale

      Agricultural land in north-central Howard County, Maryland.
      13090 Old Frederick Rd, Sykesville, MD 21784
      View Details
    • $449,900

      C2 Zoned Commercial Opportunity

      Commercial property with high traffic, visibility, and investment potential.
      6242 Sykesville Rd, SYKESVILLE, MD 21784
      View Details
    • $74,900

      Wooded Land Parcel in Sykesville

      4.797-acre wooded parcel near Oklahoma Road in Sykesville, MD.
      P.144 BENNETT Road, SYKESVILLE, MD 21784
      View Details
    • $74,900

      Wooded Land Parcel For Sale

      4.797-acre wooded parcel near Oklahoma Road in Sykesville, MD.
      144 Bennett Road, Sykesville, MD 21784
      View Details
    • $349,900

      Large Wooded Lot with Views

      4.7 acre wooded lot offering privacy and fantastic views.
      1160 Day Rd, SYKESVILLE, MD 21784
      View Details

    FAQs

    What type of property is this?
    Industrial land - 10.56 acre industrial development site with approved building plans.
    Where is this industrial land located?
    The property is located at 5214 Klees Mill Road S Sykesville, MD.
    What are key features of this property?
    This property features: Approved for up to **71,200 ± SF across two buildings.**; **10.56± acre industrial development site.**; Zoned I‑1 under Carroll County’s light industrial designation, permitting various uses.
    (443) 573-3203
    We can help!
    Listing Contact
    Matthew Curran, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5214 Klees Mill Road S, Sykesville, MD 21784
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!