Light Industrial Warehouse with
For Sale
$4,500,000
800 W Patapsco Avenue, Baltimore, MD 21230
Industrial warehouse with nine drive-in doors, outdoor storage, and light-industrial zoning minutes from I-95.
Property Size48,000 SF
Lot Size3.06 Acres
Price / SF$93.75
Days on Market112
Property Features for 800 W Patapsco Avenue
General Information
Standard status
Active
Size
48,000 SF
Lot size
3.06 Acres
Property subtype
Industrial
Zoning
I-1
Additional Details
Business Included
Yes
Highway Access
Yes
Drive-In Doors
9
Building Details
Building Size
48,000 SF
Listing Agency:
MacKenzie Commercial Real Estate | Baltimore
Listed By:
Bryan Herr
(410) 821-8585
Source:
Mackenziecommercial
Added: Jun 17
Changed: Sep 4
Last Checked: Oct 5 at 3:06PM
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.
800 W. Patapsco Avenue presents a 48,000-square-foot light industrial warehouse on a 3.06-acre site in Baltimore. The building includes nine oversized drive-in doors—eight 12’ x 10’ doors and one 14’ x 14’ door—along with abundant surface parking. A gravel outdoor storage lot is located at the rear of the building, supporting equipment or material staging. In addition, the property includes a credit tenant with a long-term lease and five vacant small bays that can be activated by a new or expanding user.
The site is zoned I-1 (Light Industrial) and is situated minutes from I-95 within the BW Corridor. This positioning can be helpful for operators that need convenient highway access while maintaining on-site parking and outdoor storage.
For tenants and buyers seeking a functional distribution and warehouse platform, the combination of multiple drive-in doors, rear outdoor storage, and on-site parking provides flexibility for a range of light industrial uses. The presence of one long-term credit tenant alongside multiple vacant small bays may also appeal to users looking for additional near-term occupancy options within the same property.
The site is zoned I-1 (Light Industrial) and is situated minutes from I-95 within the BW Corridor. This positioning can be helpful for operators that need convenient highway access while maintaining on-site parking and outdoor storage.
For tenants and buyers seeking a functional distribution and warehouse platform, the combination of multiple drive-in doors, rear outdoor storage, and on-site parking provides flexibility for a range of light industrial uses. The presence of one long-term credit tenant alongside multiple vacant small bays may also appeal to users looking for additional near-term occupancy options within the same property.
Key Highlights
- 48,000 SF ± industrial building on a 3.06‑acre ± site at 800 W. Patapsco Avenue in Baltimore, MD
- Nine oversized drive‑in doors: eight 12’ x 10’ doors and one 14’ x 14’ door
- Abundant surface parking plus a gravel outdoor storage lot at the rear of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$316,125
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,322,500
$6.3M
Cap Rate 7%
$4,516,071
$4.5M
Cap Rate 9%
$3,512,500
$3.5M
Market Conditions
NOI Build-Up for 48,000 SF
Gross rent
$403.2K $8.40/SF
− Vacancy
−$31.3K −$0.65/SF
EGI
$371.9K $7.75/SF
− OpEx
−$55.8K −$1.16/SF
NOI
$316.1K $6.59/SF
Area
Baltimore, MD
Vacancy
7.76%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,322,500
Cap Rate 7%
$4,516,071
Cap Rate 9%
$3,512,500
Alternative Uses
Best Use
Warehouse
$4.52M
$3.95M – $5.27M
NOI $316,125 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.50M
$10.06M – $13.42M
NOI $804,962 @ 7.0% cap · market cap 17.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
9
Drive-in doors
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21230, MD
36,660
Population
18,070
Households
2
Avg Household Size
33
Median Age
59%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
5,819
Density / Sq Mi
$94,164
Median Household Income
$69,973
Median Earnings
$1,771
Median Rent
$327,700
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 Baltimore, MD
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with nine drive-in doors, outdoor storage, and light-industrial zoning minutes from I-95.
Where is this warehouse located?
The property is located at 800 W Patapsco Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 48,000 SF ± industrial building on a 3.06‑acre ± site at 800 W. Patapsco Avenue in Baltimore, MD; Nine oversized drive‑in doors: eight 12’ x 10’ doors and one 14’ x 14’ door; Abundant surface parking plus a gravel outdoor storage lot at the rear of the building
