Flex Industrial Property with Storage
8200 CRAIN Hwy La Plata, MD 20646
New
For Sale
$1,290,000
4.5 acres with Route 301 frontage, a newly updated main office/showroom structure, and multiple storage buildings with HVAC.
Property Size2,724 SF
Lot Size4.50 Acres
Price / SF$473.57
Days on Market2
Property Features for 8200 CRAIN Hwy
General Information
Standard status
Active
Size
2,724 SF
Lot size
4.50 Acres
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY
(240) 298-3896
Listed By:
Thomas F. McKay · License ##5015207
(240) 298-3896
Source:
Elliman
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 11:25AM
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 BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY
Investment Insights
Based on property information with market context.
This property offers 4.5 level acres zoned Community Commercial (CC) and includes a freshly updated 2,724 sq ft main structure with a reception/showroom area, several private offices, a large meeting room, and two updated restrooms. Interior improvements include new HVAC, new flooring, fresh paint, new ceilings, and modern lighting throughout.
The site is positioned with Route 301 frontage and pylon signage, with direct access from Rt 301 plus additional access via Fair Grounds Road at the rear. 2024 AADT is listed as 20,851 / 21,271 weekday average along the corridor.
For operations and storage, the property includes a new 28' x 43' storage building with a massive 16' x 12' bay door, an attached 2-bay garage/storage building with a restroom, and a separate 12' x 20' detached garage with electric and HVAC, along with an additional outside restroom.
The site is positioned with Route 301 frontage and pylon signage, with direct access from Rt 301 plus additional access via Fair Grounds Road at the rear. 2024 AADT is listed as 20,851 / 21,271 weekday average along the corridor.
For operations and storage, the property includes a new 28' x 43' storage building with a massive 16' x 12' bay door, an attached 2-bay garage/storage building with a restroom, and a separate 12' x 20' detached garage with electric and HVAC, along with an additional outside restroom.
Key Highlights
- 4.5 acres with Route 301 frontage and Community Commercial (CC) zoning
- Newly updated 2,724 SF main structure with reception/showroom, multiple private offices, and a large meeting room
- Interior updates include new HVAC, flooring, fresh paint, new ceilings, and modern lighting; 2 updated restrooms
Financial Insights For Office B
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 | $67.0k | $24.60 |
| − Vacancy | −$11.5k | −$4.23 |
| EGI | $55.5k | $20.37 |
| − OpEx | −$13.9k | −$5.09 |
| NOI | $41.6k | $15.28 |
2,724 SF · lease $24.60/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$594.5K
$520.2K – $693.6K
NOI $41,613 @ 7.0% cap · market cap 3.23%
Second Best
Warehouse
$454.6K
$397.7K – $530.3K
NOI $31,819 @ 7.0% cap · market cap 2.47%
Theoretical Best
Multifamily LT 5
$38.25M
$33.47M – $44.62M
NOI $2,677,446 @ 7.0% cap · market cap 207.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - 4.5 acres with Route 301 frontage, a newly updated main office/showroom structure, and multiple storage buildings with HVAC.
Where is this flex space located?
The property is located at 8200 CRAIN Hwy La Plata, MD.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 4.5 acres with Route 301 frontage and Community Commercial (CC) zoning; Newly updated 2,724 SF main structure with reception/showroom, multiple private offices, and a large meeting room; Interior updates include new HVAC, flooring, fresh paint, new ceilings, and modern lighting; 2 updated restrooms
