Flex Space with High Clear
For Sale
Contact for pricing
6339 Howard Ln, Elkridge, MD 21075
Flex space in Elkridge with fully air-conditioned warehouse space and private window-lined offices.
Property Size11,732 SF
Price / SF$225
Days on Market65
Property Features for 6339 Howard Ln
General Information
Standard status
Active
Size
11,732 SF
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates | Columbia
(410) 336-5314
Listed By:
Kate Jordan
(410) 336-5314
Source:
Moodyscre
Added: May 27
Changed: Jul 29
Last Checked: Jul 29 at 11:21AM
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 Lee & Associates | Columbia
Investment Insights
Based on property information with market context.
This flex space at 6339 Howard Ln, Elkridge, MD 21075 combines office-ready improvements with warehouse functionality. The built-in office configuration includes custom workstations and window-lined private offices designed for abundant natural light. The warehouse portion is fully air-conditioned and supported by a fire sprinkler system, with a clear height of 20’ 6”.
Operational access is built in with a 12’ x 12’ electric drive-in door for loading and deliveries, plus a 20-foot reception area that serves as a high-impact entry. The property totals 11,732 square feet.
There is also potential for an outdoor play area, which may support uses such as daycare or ABA therapy, subject to applicable requirements.
Operational access is built in with a 12’ x 12’ electric drive-in door for loading and deliveries, plus a 20-foot reception area that serves as a high-impact entry. The property totals 11,732 square feet.
There is also potential for an outdoor play area, which may support uses such as daycare or ABA therapy, subject to applicable requirements.
Key Highlights
- 11,732 SF flex space with fully air‑conditioned warehouse and office improvements
- Clear height of 20’ 6”
- 12’ x 12’ electric drive‑in door for loading and deliveries
Financial Insights For Flex RnD
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 | $281.6k | $24.00 |
| − Vacancy | −$10.7k | −$0.91 |
| EGI | $270.9k | $23.09 |
| − OpEx | −$94.8k | −$8.08 |
| NOI | $176.1k | $15.01 |
11,732 SF · lease $24.00/SF/yr · vacancy 3.80% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.52M
$2.20M – $2.93M
NOI $176,064 @ 7.0% cap · market cap 6.67%
Second Best
Industrial
$1.91M
$1.67M – $2.23M
NOI $133,780 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$4.35M
$3.81M – $5.08M
NOI $304,559 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space in Elkridge with fully air-conditioned warehouse space and private window-lined offices.
Where is this flex space located?
The property is located at 6339 Howard Ln Elkridge, MD.
What is the asking price?
The asking price for this property is $2,639,700.
What are key features of this property?
This property features: 11,732 SF flex space with fully air‑conditioned warehouse and office improvements; Clear height of 20’ 6”; 12’ x 12’ electric drive‑in door for loading and deliveries