Baltimore Warehouse in
For Sale
$350,000
858 Carroll St, Baltimore, MD 21230
4,176 sq ft warehouse in Baltimore's Pigtown neighborhood.
Property Size4,176 SF
Price / SF$83.81
Days on Market209
Property Features for 858 Carroll St
General Information
Standard status
Active
Size
4,176 SF
Building Details
Year Built
1920
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Cameron Alice Dodd
(888) 536-0216
Source:
Baltimorehousesale
Added: Mar 11
Changed: Sep 22
Last Checked: Oct 4 at 11:56AM
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 Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 4,176 sq ft warehouse is located in Baltimore’s historic Pigtown neighborhood. The space features two drive-in garage doors, making it suitable for light industrial, storage, or distribution purposes. The property is conveniently situated near downtown Baltimore and major highways, providing easy access for trucks and deliveries.
Key Highlights
- 4,176 sq ft warehouse space suitable for light industrial, storage, or distribution.
- Located in Baltimore’s historic Pigtown neighborhood.
- Two drive‑in garage doors for easy access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,503
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,060
$550.1K
Cap Rate 7%
$392,900
$392.9K
Cap Rate 9%
$305,589
$305.6K
Market Conditions
NOI Build-Up for 4,176 SF
Gross rent
$35.1K $8.40/SF
− Vacancy
−$2.7K −$0.65/SF
EGI
$32.4K $7.75/SF
− OpEx
−$4.9K −$1.16/SF
NOI
$27.5K $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%
$550,060
Cap Rate 7%
$392,900
Cap Rate 9%
$305,589
Alternative Uses
Best Use
Warehouse
$392.9K
$343.8K – $458.4K
NOI $27,503 @ 7.0% cap · market cap 7.86%
Second Best
Industrial
$329.4K
$288.2K – $384.3K
NOI $23,057 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$1.00M
$875.4K – $1.17M
NOI $70,032 @ 7.0% cap · market cap 20.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,614
Businesses Nearby
Well-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Baltimore, MD
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Frequently Asked Questions
What type of property is this?
Warehouse - 4,176 sq ft warehouse in Baltimore's Pigtown neighborhood.
Where is this warehouse located?
The property is located at 858 Carroll St Baltimore, MD.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4,176 sq ft warehouse space suitable for light industrial, storage, or distribution.; Located in Baltimore’s historic Pigtown neighborhood.; Two drive‑in garage doors for easy access.
