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1401 Clipper Heights Ave Baltimore, MD 21211

Sponsored
For Sale
$750,000

5,000 SF Warehouse/Flex Space - Vacant

Property size:
5,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 5,000-square-foot industrial property, located at 1401 Clipper Heights Ave, Baltimore, MD 21211, presents a compelling value-add investment opportunity. Currently vacant, this building offers significant potential for immediate income generation. The property is zoned I-1, allowing for a variety of uses within the industrial sector. The building features one roll-up door, providing convenient access for loading and unloading. Ample parking is available both on the street and directly in front of the building. The asking price is $750,000, projecting an 8.00% pro-forma cap rate. This represents a strong return on investment for a savvy buyer looking to capitalize on the growing demand for industrial space in the Baltimore market. The flexible layout, suitable for distribution or flex use, caters to a wide range of potential tenants. With a potential lease rate of $12-15 per square foot annually, this property offers substantial upside for future income growth. This is a rare chance to acquire a well-located, versatile industrial building in a thriving area. The property's vacant status allows for immediate customization and tenant improvements to maximize rental income. Don't miss this chance to secure a prime industrial asset in Baltimore.

Property Features for 1401 Clipper Heights Ave

General Information

Property type
Distribution properties
Square Feet
5,000 SF

HighLights

  • 5,000 SF industrial building for sale at $750,000.
  • Projected 8% cap rate.
  • I‑1 zoning allows for flexible use.
  • One roll‑up door and ample parking.
  • Potential annual lease rate: $12‑15/SF.
Property Profile Location Intelligence

Current Use by Public Records

Absolute Insurance Solution Auto Insurance Agency Eden Air Purifiers Air Filter Supplier Delmarva marble and granite Granite Supplier Speedy's Cash For Cars Auto Wrecker

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Baltimore
County
Baltimore
State
Maryland
Longitude
-76.6374733
Latitude
39.3279843

FAQs

What type of property is this?
Distribution property - 5,000 SF Warehouse/Flex Space - Vacant
Where is this distribution property located?
The property is located at 1401 Clipper Heights Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5,000 SF industrial building for sale at $750,000.; Projected 8% cap rate.; I-1 zoning allows for flexible use.
More about this property
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