Flex Space With Drive-In
6424 FRANKFORD AVENUE, Baltimore, MD 21206
For Sale
Contact for pricing
Fenced commercial facility with warehouse, office, interior loading, and multiple access points for vehicle loading.
Property Size8,400 SF
Price / SF$0.00
Days on Market64
Property Features for 6424 FRANKFORD AVENUE
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Fenced Yard
Warehouse & Industrial
Office Build-Out
Drive-In Doors
Three-Phase Power
Building Details
Year Built
Listing Agency:
Monument Sotheby's International Realty
(410) 879-7466
Listed By:
Christopher C Streett · License MD #17599
(410) 967-9896
Source:
Cummingsrealtors
Added: Sep 9
Changed: Nov 10
Last Checked: Nov 10 at 8:09AM
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 Monument Sotheby's International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space combines professional office, warehouse, and loading functions within a secured, fully fenced facility in Baltimore. The layout includes 2,500 square feet of office area, 3,726 square feet of interior loading space, 9,800 square feet of warehouse space, and an 8,400-square-foot lower-level warehouse area. The property includes gas heat and three-phase power.
Loading infrastructure includes six oversized drive-in doors with interior loading and one exterior dock door with recessed loading. The drive-in doors include three measuring 14 feet wide by 16 feet high and three measuring 12 feet wide by 19 feet high. Parking options are available, and the site is located in an Enterprise Zone with access to I-95, I-895, and Route 40. The property is zoned C-3, General Commercial District. Weight restrictions affect potential uses of the second-level warehouse space.
Loading infrastructure includes six oversized drive-in doors with interior loading and one exterior dock door with recessed loading. The drive-in doors include three measuring 14 feet wide by 16 feet high and three measuring 12 feet wide by 19 feet high. Parking options are available, and the site is located in an Enterprise Zone with access to I-95, I-895, and Route 40. The property is zoned C-3, General Commercial District. Weight restrictions affect potential uses of the second-level warehouse space.
Key Highlights
- 2,500 SF professional office area
- 9,800 SF warehouse space plus 8,400 SF lower‑level warehouse
- Six oversized drive‑in doors with interior loading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,379
Suggested Prices Based on Cap Rates
Cap Rate 5%
$927,580
$927.6K
Cap Rate 7%
$662,557
$662.6K
Cap Rate 9%
$515,322
$515.3K
Market Conditions
NOI Build-Up for 8,400 SF
Gross rent
$70.6K $8.40/SF
− Vacancy
−$4.3K −$0.51/SF
EGI
$66.3K $7.89/SF
− OpEx
−$19.9K −$2.37/SF
NOI
$46.4K $5.52/SF
Area
ZIP 21206
Vacancy
6.10%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$927,580
Cap Rate 7%
$662,557
Cap Rate 9%
$515,322
Alternative Uses
Best Use
Warehouse
$1.15M
$1.00M – $1.34M
NOI $80,158 @ 7.0% cap
Second Best
Flex RnD
$856.2K
$749.2K – $998.9K
NOI $59,932 @ 7.0% cap
Theoretical Best
Multifamily LT 5
$1.77M
$1.55M – $2.06M
NOI $123,748 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
6
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21206, MD
49,470
Population
21,939
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
6,777
Density / Sq Mi
$62,965
Median Household Income
$46,426
Median Earnings
$1,215
Median Rent
$213,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Baltimore, MD
Properties on Market for Flex space in Baltimore
Vacancy Rate% for Industrial in Baltimore, MD
Similar Off Market Nearby
- Carter and Thompson Catering Services — 4904 Midline Rd, Baltimore, MD 21206
Frequently Asked Questions
What type of property is this?
Flex space - Fenced commercial facility with warehouse, office, interior loading, and multiple access points for vehicle loading.
Where is this flex space located?
The property is located at 6424 FRANKFORD AVENUE Baltimore, MD.
What are key features of this property?
This property features: 2,500 SF professional office area; 9,800 SF warehouse space plus 8,400 SF lower‑level warehouse; Six oversized drive‑in doors with interior loading
