Metal Warehouse and Office
5721 5721-25 Main St Elkridge, MD 21075
New
5721 5721-25 Main St, Elkridge, MD, 21075
$775,000
For Sale
$775,000
Corner B1-zoned property includes a metal warehouse with five drive-in doors and a mixed-use office building with residential component.
Property Size7,812 SF
Price / SF$99.21
Days on Market2
Property Features for 5721 5721-25 Main St
General Information
- Standard status
- Active
- Size
- 7,812 SF
Building Details
- Year Built
- 1820
Listing agency
The Langert Commercial Group LLC
(443) 529-0505
Listed by
Evan Keith Langert · License #6711
Source
Kandorre
Added: Jul 20 Updated: Jul 21 at 9:32AM Checked: Jul 21 at 9:32AM
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 The Langert Commercial Group LLC
Investment Insights
Based on property information with market context.
This corner property offers approximately 0.47 acres of B1-zoned land improved with an approximately 3,200-square-foot metal warehouse building. The warehouse includes five drive-in doors. A second structure on-site is an approximately 4,612-square-foot mixed-use office building with a residential component.
The property is located one block from Route 1 at the entrances to I-895, I-195, and Route 100, with a seven-minute drive to BWI–Thurgood Marshall Airport.
The existing buildings require substantial work. The property also has historic zoning that may entitle an owner to certain tax credits for improvements.
The property is located one block from Route 1 at the entrances to I-895, I-195, and Route 100, with a seven-minute drive to BWI–Thurgood Marshall Airport.
The existing buildings require substantial work. The property also has historic zoning that may entitle an owner to certain tax credits for improvements.
Key Highlights
- Approximately 0.47 acres of B1‑zoned land on the corner of Main Street and Furnace Road
- Includes an approximately 3,200 SF metal warehouse with five drive‑in doors
- Also includes an approximately 4,612 SF mixed‑use office building with a residential component
Local Financial Insights For Office B
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 | $89.1k | $11.40 |
| − Vacancy | −$16.0k | −$2.05 |
| EGI | $73.0k | $9.35 |
| − OpEx | −$18.3k | −$2.34 |
| NOI | $54.8k | $7.01 |
7,812 SF · lease $11.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Mixed Use
$1.41M
$1.23M – $1.64M
NOI $98,490 @ 7.0% cap · market cap 12.71%
Second Best
Office B
$782.4K
$684.6K – $912.8K
NOI $54,770 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$2.90M
$2.53M – $3.38M
NOI $202,797 @ 7.0% cap · market cap 26.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Corner B1-zoned property includes a metal warehouse with five drive-in doors and a mixed-use office building with residential component.
Where is this warehouse located?
The property is located at 5721 5721-25 Main St Elkridge, MD.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Approximately 0.47 acres of B1‑zoned land on the corner of Main Street and Furnace Road; Includes an approximately 3,200 SF metal warehouse with five drive‑in doors; Also includes an approximately 4,612 SF mixed‑use office building with a residential component
