Mixed-Use Property with Automotive
For Sale
Contact for pricing
5413 East Drive, Arbutus, MD 21227
Mixed-use commercial property with an automotive and garage component, available for separate acquisition options.
Property Size11,100 SF
Price / SF$169.37
Days on Market15
Property Features for 5413 East Drive
General Information
Standard status
Active
Size
11,100 SF
Class
C
Total Parking Spaces
7
Property subtype
Mixed Use
Zoning
BL
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Owner/User
Net Operating Income
$160,000
Building Details
Year Built
1987
Buildings
3
Units
5
Tenancy
Multi
Listing Agency:
Old Telegraph MGT
Listed By:
K Wang · License #Real Estate
Source:
Crexi
Added: Aug 3
Changed: Aug 15
Last Checked: Aug 15 at 3:31AM
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 Old Telegraph MGT
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains an automotive and garage component and totals 11,100 square feet. The improvements were constructed in 1987 and carry BL zoning.
The property information identifies separate acquisition options involving the automotive and garage component at 5413 East Drive, as well as the properties at 5415 and 5417 East Drive. Financial materials available to qualified buyers include rent rolls, lease and occupancy details, operating statements, and supporting property records.
The property information identifies separate acquisition options involving the automotive and garage component at 5413 East Drive, as well as the properties at 5415 and 5417 East Drive. Financial materials available to qualified buyers include rent rolls, lease and occupancy details, operating statements, and supporting property records.
Key Highlights
- 11,100‑square‑foot mixed‑use commercial property
- Automotive and garage component at 5413 East Drive
- 1987 construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$157,108
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,142,160
$3.1M
Cap Rate 7%
$2,244,400
$2.2M
Cap Rate 9%
$1,745,644
$1.7M
Market Conditions
NOI Build-Up for 11,100 SF
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.
Gross rent
$239.8K $21.60/SF
− Vacancy
−$15.3K −$1.38/SF
EGI
$224.4K $20.22/SF
− OpEx
−$67.3K −$6.07/SF
NOI
$157.1K $14.15/SF
Area
Baltimore County, MD
Vacancy
6.39%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,142,160
Cap Rate 7%
$2,244,400
Cap Rate 9%
$1,745,644
Alternative Uses
Best Use
Retail
$2.24M
$1.96M – $2.62M
NOI $157,108 @ 7.0% cap · market cap 8.36%
Second Best
Mixed Use
$2.23M
$1.95M – $2.60M
NOI $156,130 @ 7.0% cap · market cap 8.30%
Theoretical Best
Multifamily LT 5
$107.69M
$94.23M – $125.64M
NOI $7,538,429 @ 7.0% cap · market cap 400.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
Explore this area
Business Placement
Demographics for 21227, MD
35,837
Population
14,260
Households
2.5
Avg Household Size
35
Median Age
27%
College-Educated
85%
High-School Grad
11.3 sq mi
ZIP Area
3,171
Density / Sq Mi
$83,620
Median Household Income
$52,643
Median Earnings
$1,347
Median Rent
$272,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use commercial property with an automotive and garage component, available for separate acquisition options.
Where is this mixed-use property located?
The property is located at 5413 East Drive Arbutus, MD.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: 11,100‑square‑foot mixed‑use commercial property; Automotive and garage component at 5413 East Drive; 1987 construction
