1401 Clipper Heights Ave Baltimore, MD 21211

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.