Elkridge Industrial/Flex Space For
6310 Howard Ln, Elkridge, MD 21075
For Sale
$1,500,000
Tenant-occupied industrial/flex space ideal for storage, manufacturing, or service businesses.
Property Size4,800 SF
Price / SF$312.50
Days on Market230
Property Features for 6310 Howard Ln
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Keller Williams Realty Centre
Listed By:
Helen L Dellheim · License MD #579141
(410) 258-4136
Source:
Dhgsells
Added: Mar 27
Changed: Oct 25
Last Checked: Oct 5 at 9:24PM
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 Keller Williams Realty Centre
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Investment Insights
Based on property information with market context.
This 5,200 square foot industrial/flex space is available for sale in Elkridge, Maryland. The property is currently tenant-occupied until July 30, 2025. It is suitable for storage, light manufacturing, or a service-based business. The office area includes four private offices, a showroom, a reception area, a kitchenette, and two restrooms. The main warehouse and additional storage areas total 3,795 square feet, with a removable wall. The property features one dock door and one drive-in door, along with a 16-foot ceiling height and 15 parking spaces. The location is at the corner of Route 1 (Washington Blvd) and Howard Lane, with proximity to MD 100, I-95, and I-895.
Key Highlights
- Strategic location: Corner lot with immediate access to Route 1, Howard Lane, MD 100, I‑95, and I‑895.
- Income‑producing: Tenant occupied until July 30, 2025.
- Versatile space: 5,200 SF suitable for storage, light manufacturing, or service‑based business.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,035
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,700
$1.4M
Cap Rate 7%
$1,029,071
$1.0M
Cap Rate 9%
$800,389
$800.4K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$115.2K $24.00/SF
− Vacancy
−$4.4K −$0.91/SF
EGI
$110.8K $23.09/SF
− OpEx
−$38.8K −$8.08/SF
NOI
$72.0K $15.01/SF
Area
Howard County, MD
Vacancy
3.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,700
Cap Rate 7%
$1,029,071
Cap Rate 9%
$800,389
Alternative Uses
Best Use
Flex RnD
$1.03M
$900.4K – $1.20M
NOI $72,035 @ 7.0% cap · market cap 4.80%
Second Best
Industrial
$781.9K
$684.2K – $912.2K
NOI $54,734 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,606 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 21075, MD
35,900
Population
13,191
Households
2.7
Avg Household Size
34
Median Age
58%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,583
Density / Sq Mi
$133,321
Median Household Income
$69,892
Median Earnings
$2,108
Median Rent
$439,400
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
Frequently Asked Questions
What type of property is this?
Flex space - Tenant-occupied industrial/flex space ideal for storage, manufacturing, or service businesses.
Where is this flex space located?
The property is located at 6310 Howard Ln Elkridge, MD.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Strategic location: Corner lot with immediate access to Route 1, Howard Lane, MD 100, I‑95, and I‑895.; Income‑producing: Tenant occupied until July 30, 2025.; Versatile space: 5,200 SF suitable for storage, light manufacturing, or service‑based business.
