Property profile

5921 Moravia Park Dr Baltimore, MD 21206

OFF-MARKET
Warehouses
Property ID
US40-0772749
9,724 SF 2.98 ac lot Built 1984
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This multi-tenant warehouse building, located at 5921 Moravia Park Drive in Northeast Baltimore, offers an excellent opportunity for small contractors or businesses seeking immediate occupancy. The property boasts a total of 38,562 square feet across two suites, with one 1,600 square foot space currently available. This unit features a 14-foot ceiling height, a 10-foot wide by 12-foot high drive-in door, a concrete slab floor, and a small office. Heat is provided by a gas-fired space heater. Three-phase electric service is available throughout the building. The building is classified as Class C and was constructed in 1968. The lot size is 2.98 acres. The property's strategic location provides easy access to major transportation arteries, including the I-895 and I-95 interchanges, offering seamless connectivity throughout the Baltimore metro area. Businesses will also appreciate the proximity to the Port of Baltimore, a significant advantage for companies involved in shipping and global trade. The zoning for the property is C-4. The maximum contiguous square footage available within the building is 3,200 square feet. This presents a unique opportunity for a business seeking a functional and conveniently located warehouse space in a thriving area.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1984
Construction BRICK
Total area 9,724 SF
Lot 2.98 ac (129,809 SF)
Zoning code I-1
APN 26-20-6064 -004
UPID US40-0772749

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
  • Electrical Service General Contractor
  • General Contractor
  • Material Handling Equipment Supplier
  • Freight Service Logistics Company
  • General Contractor

Location

5921 Moravia Park Dr Baltimore, MD 21206-7023
Baltimore metro Census 260402 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.29M
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.34M

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

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
Top alternative use upside
Restaurant $2.2M +49.5%
Office building $2.0M +35.0%
Neighborhood: shopping center $1.8M +20.4%

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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