Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1400-62 Desoto Rd Baltimore, MD 21230
    Property profile & analytics

    1400-62 Desoto Rd, Baltimore, MD 21230

    View on Map
    • Warehouses
    • 154,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Merritt Properties - Desoto Center / Real Estate Developer / Property Management Company

    Property Details for 1400-62 Desoto Rd

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, the Desoto Center, located at 1400-62 DeSoto Road in Baltimore, Maryland 21230, offers a unique blend of flex, warehouse, and distribution space. The building totals 154,800 square feet and is comprised of three suites, with a significant portion currently vacant (45,600 square feet). Individual spaces range from a minimum of 24,000 square feet to a maximum contiguous space of 21,600 square feet, providing flexibility for various business needs. The property boasts impressive features including a 20-foot ceiling height, ample loading capabilities with 8 loading docks and 9 drive-ins, and extensive parking with 171 spaces. Power is provided by a robust 20/208 volt, 3-phase, 4-wire service. The property is zoned M-1-1 and situated in the Baltimore SW Ind submarket of Baltimore County. This prime location offers easy access to major transportation routes, making it an ideal choice for businesses seeking efficient logistics and distribution capabilities. The property is available for lease and presents a compelling opportunity for businesses seeking a functional and well-equipped industrial space in a strategic location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6611
    Latitude
    39.2672

    Comparable in this City

    • Value Estimation
      $3,815,000
      49,950 SF

      2626 Patapsco Ave

      DISTRIBUTION WAREHOUSE
      2626 Patapsco Ave, Baltimore, MD 21230-2730
      View Details
    • Value Estimation
      $4,265,000
      73,400 SF

      2701 Merchant Dr

      DISTRIBUTION WAREHOUSE
      2701 Merchant Dr, Baltimore, MD 21230-3308
      View Details
    • Value Estimation
      $3,320,000
      43,000 SF

      2630 Merchant Dr

      DISTRIBUTION WAREHOUSE
      2630 Merchant Dr, Baltimore, MD 21230-3307
      View Details
    • Value Estimation
      $1,660,000
      20,843 SF

      3100 Washington Blvd

      DISTRIBUTION WAREHOUSE
      3100 Washington Blvd, Baltimore, MD 21230-1034
      View Details
    • Value Estimation
      $1,310,000
      22,140 SF

      901 Patapsco Ave

      DISTRIBUTION WAREHOUSE
      901 Patapsco Ave, Baltimore, MD 21230-3414
      View Details
    • Value Estimation
      $2,120,000
      33,587 SF

      2623 Merchant Dr

      DISTRIBUTION WAREHOUSE
      2623 Merchant Dr, Baltimore, MD 21230
      View Details

    Similar Nearby for Sale

    • $350,000
      0.10 Acres

      Baltimore Warehouse in Pigtown

      4,176 sq ft warehouse in Baltimore's Pigtown neighborhood.
      858 Carroll St, Baltimore, MD 21230
      View Details
    • Contact for pricing
      43,740 SF

      Baltimore Industrial/Retail Building For Sale

      43,740 SF industrial/retail building in Carroll Camden Industrial Area.
      1900 Bayard St, Baltimore, MD 21230
      View Details
    • $1,485,000

      Office-Warehouse in Baltimore

      Office-warehouse with drive-in, dock-high doors, and professional offices.
      2300 Russell St, Baltimore, MD 21230
      View Details
    • Contact for pricing
      18,000 SF

      Warehouse with Overhead Cranes

      18,606 SF warehouse with cranes, ideal for manufacturing.
      1227 Bush St, Baltimore, MD 21230
      View Details
    • Contact for pricing
      7,400 SF

      Industrial Building with Fenced Lot

      7,400 SF industrial building with heavy power and fenced lot.
      2107 Maisel St, Baltimore, MD 21230
      View Details
    • Contact for pricing

      Warehouse and Office Space Available

      3,500 sqft warehouse and office space with multiple entrances.
      1503 Wilmington Ave, Baltimore, MD 21230
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      19,027 SF

      Flex Warehouse Space Available

      21,600 SF flex-warehouse space for rent with I-95 visibility.
      1400-1462 Desoto Rd, Baltimore, MD 21230
      View Details
    • Contact for pricing

      Warehouse with Extensive Outdoor Storage

      13,077 SF warehouse on 3.75 acres near major highways.
      3300 Annapolis Rd, Baltimore, MD 21230
      View Details
    • Contact for pricing
      24,000 SF

      Single Story Flex Building

      24,000 SF flex building with office and warehouse space.
      1552 Ridgely St, Baltimore, MD 21230
      View Details
    • Contact for pricing

      Warehouse Property for Lease

      Warehouse property available for lease in Baltimore, MD.
      2700 W Patapsco Ave, Baltimore, MD 21230
      View Details
    • Contact for pricing
      40,800 SF

      Baltimore Warehouse with Showroom Space

      Warehouse space for lease featuring office and showroom areas.
      2331-2339 Washington Blvd, Baltimore, MD 21230
      View Details
    • $8 SF/Yr

      2700 W Patapsco St

      Warehouse property for lease in Baltimore, MD
      2700 W Patapsco St, Baltimore, MD 21230
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1400-62 Desoto Rd
    Baltimore, MD 21230
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1400-62 Desoto Rd, Baltimore, MD, 21230
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!