Property profile

2700 W Patapsco Ave Baltimore, MD 21230

FOR LEASE
Retail space
Property ID
US40-0796191
76,598 SF 3.4 ac lot Built 1968
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 27,100-square-foot industrial property, located at 2700 W. Patapsco Ave in Baltimore, Maryland, presents a significant leasing opportunity. The building is classified as both flex and warehouse space, offering versatility for a wide range of businesses. The entire 27,100 square feet is currently vacant and ready for immediate occupancy. The property boasts a substantial 16-foot ceiling height, providing ample vertical space for storage or high-volume operations. Its zoning designation is I-1, allowing for various industrial uses. Situated in Baltimore County, Maryland, with a zip code of 21230, this single-tenant building offers a convenient location for businesses needing easy access to major transportation routes. The property is ideal for companies seeking a large, functional space with significant storage capacity. The building's size and features make it suitable for a variety of industrial uses, from light manufacturing to distribution and warehousing. Interested parties are encouraged to inquire for further details and to schedule a viewing. This is a rare opportunity to secure a substantial industrial space in a prime Baltimore County location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Construction BRICK
Total area 76,598 SF
Lot 3.4 ac (148,060 SF)
Zoning code I-1
APN 25-04-7511A-010
UPID US40-0796191

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store Hardware & Home Improvement

Location

2700 W Patapsco Ave Baltimore, MD 21230
Baltimore metro Census 250205 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.72M
Blend (final) Blend
$2.76M

Owner & transaction history

since 2021
Last sale
$2.9M
1 recorded transaction
2021
$2.9M

Zoning & alternative use

I-1 · Baltimore, MD
Zoning description

The I-1 Light Industrial Zoning District is intended to provide for a wide variety of light manufacturing, fabricating, processing, wholesale distributing, and warehousing uses.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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