Warehouse with Five Oversized
For Sale
Contact for pricing
7443 Washington Blvd, Elkridge, MD 21075
Warehouse property on 2.43 acres featuring five oversized drive-in doors and approximately 220 feet of frontage on Washington Blvd/Rt. 1.
Property Size17,000 SF
Lot Size2.43 Acres
Price / SF$117.65
Days on Market150
Property Features for 7443 Washington Blvd
General Information
Standard status
Active
Size
17,000 SF
Lot size
2.43 Acres
Property subtype
INDUSTRIAL
Site & Location
Traffic Count
28,890 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
5
Listing Agency:
MacKenzie Commercial Real Estate | Baltimore
(443) 573-3203
Listed By:
Matthew "Matt" Curran
Source:
Moodyscre
Added: Mar 2
Changed: Jul 28
Last Checked: Jul 29 at 2:55PM
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 MacKenzie Commercial Real Estate | Baltimore
Investment Insights
Based on property information with market context.
This warehouse property totals approximately 17,000 square feet on about 2.43 acres and is configured with five oversized drive-in doors. The site offers substantial on-building and yard functionality supported by multiple drive-in bays.
The property is positioned on Washington Blvd/Rt. 1 with approximately 220 feet of frontage. The public remarks cite an estimated 28,890 cars per day and note convenient access to I-95, I-295, I-695, Rt. 100, and Rt. 32, with proximity to BWI Airport and the Port of Baltimore.
Overall, the building’s drive-in layout and the site’s highway frontage are key attributes for tenants or buyers seeking straightforward warehouse access and prominent road visibility.
The property is positioned on Washington Blvd/Rt. 1 with approximately 220 feet of frontage. The public remarks cite an estimated 28,890 cars per day and note convenient access to I-95, I-295, I-695, Rt. 100, and Rt. 32, with proximity to BWI Airport and the Port of Baltimore.
Overall, the building’s drive-in layout and the site’s highway frontage are key attributes for tenants or buyers seeking straightforward warehouse access and prominent road visibility.
Key Highlights
- 17,000 SF warehouse on 2.43± acres
- Five (5) oversized drive‑in doors
- Approximately 220 feet of frontage on Washington Blvd/Rt. 1 (28,890 cars per day)
Financial Insights For Warehouse
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 | $142.8k | $8.40 |
| − Vacancy | −$11.1k | −$0.65 |
| EGI | $131.7k | $7.75 |
| − OpEx | −$19.8k | −$1.16 |
| NOI | $112.0k | $6.59 |
17,000 SF · lease $8.40/SF/yr · vacancy 7.76% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.60M
$1.40M – $1.87M
NOI $111,961 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.30M
$5.52M – $7.36M
NOI $441,314 @ 7.0% cap · market cap 22.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Drive-in doors
28,890 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
382
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property on 2.43 acres featuring five oversized drive-in doors and approximately 220 feet of frontage on Washington Blvd/Rt. 1.
Where is this warehouse located?
The property is located at 7443 Washington Blvd Elkridge, MD.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 17,000 SF warehouse on 2.43± acres; Five (5) oversized drive‑in doors; Approximately 220 feet of frontage on Washington Blvd/Rt. 1 (28,890 cars per day)
