Versatile Commercial Property For
For Sale
$2,250,000
Pending
6905 BALTIMORE NATIONAL Pike, Frederick, MD 21702
Spacious property with showroom, warehouse, and convenient access.
Property Size16,800 SF
Lot Size0.92 Acres
Days on Market210
Property Features for 6905 BALTIMORE NATIONAL Pike
General Information
Standard status
Pending
Size
16,800 SF
Lot size
0.92 Acres
Property subtype
Commercial
Building Details
Year Built
1963
Listing Agency:
VCRE.CO
Listed By:
Amos R. Martin · License #663407
(301) 606-4714
Source:
Elliman
Added: Mar 10
Changed: Jul 6
Last Checked: Oct 5 at 6:22PM
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 VCRE.CO
Investment Insights
Based on property information with market context.
The commercial property at 6905 Baltimore National Pike offers an expansive space of over 16,800 square feet across three buildings and is available for sale. The main storefront is currently utilized as a showroom, providing ample room for diverse retail or business purposes. The warehouse facility features five drive-in entrances and a loading dock, ensuring seamless logistics and storage solutions. The property's location provides easy access to Route 40 and various connecting roads, promising visibility and accessibility for businesses seeking a commercial space in a high-traffic area.
Key Highlights
- Strategic location with easy access to Route 40 and connecting roads.
- Expansive property with over 16,800 square feet of space.
- Three distinct buildings offer versatile usage options.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$182,997
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,659,940
$3.7M
Cap Rate 7%
$2,614,243
$2.6M
Cap Rate 9%
$2,033,300
$2.0M
Market Conditions
NOI Build-Up for 16,800 SF
Gross rent
$268.1K $15.96/SF
− Vacancy
−$6.7K −$0.40/SF
EGI
$261.4K $15.56/SF
− OpEx
−$78.4K −$4.67/SF
NOI
$183.0K $10.89/SF
Area
Frederick County, MD
Vacancy
2.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,659,940
Cap Rate 7%
$2,614,243
Cap Rate 9%
$2,033,300
Alternative Uses
Best Use
Retail
$2.61M
$2.29M – $3.05M
NOI $182,997 @ 7.0% cap · market cap 8.13%
Second Best
Warehouse
$2.25M
$1.97M – $2.63M
NOI $157,588 @ 7.0% cap · market cap 7.00%
Theoretical Best
Specialty Retail
$6.23M
$5.45M – $7.26M
NOI $435,764 @ 7.0% cap · market cap 19.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21702, MD
46,412
Population
18,677
Households
2.5
Avg Household Size
37
Median Age
40%
College-Educated
89%
High-School Grad
41.7 sq mi
ZIP Area
1,113
Density / Sq Mi
$104,659
Median Household Income
$55,937
Median Earnings
$1,722
Median Rent
$384,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Showroom - Spacious property with showroom, warehouse, and convenient access.
Where is this showroom located?
The property is located at 6905 BALTIMORE NATIONAL Pike Frederick, MD.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Strategic location with easy access to Route 40 and connecting roads.; Expansive property with over 16,800 square feet of space.; Three distinct buildings offer versatile usage options.
