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Property profile & analytics
FOR LEASE
Distribution centers

812 W Patapsco Ave Baltimore, MD 21230

9,801 SF 2.03 ac lot Built 1970
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US40-0676767
Property summary
AI-generated overview

The Patapsco Business Center, located at 812 W Patapsco Ave in Baltimore, Maryland, 21230, offers 41,600 square feet of prime industrial space. This single-story building features flexible and R&D-suitable units, perfect for a variety of businesses. Currently, 48,800 square feet is available, divisible into spaces ranging from a minimum of 2,400 square feet to a maximum contiguous space of 32,000 square feet. The building boasts a 16-foot ceiling height, providing ample room for operations and storage. The property is zoned M-2-1 and is conveniently located in Baltimore County, offering easy access to downtown Baltimore via I-895. This exceptional opportunity allows businesses to secure space in a well-situated building with versatile layouts, catering to diverse operational needs. The building's location provides excellent access to major transportation routes, enhancing logistical efficiency for businesses. With multiple suites available, this property is ideal for companies seeking expansion or relocation opportunities in a thriving Baltimore location. Contact us today to learn more about the available spaces and lease terms.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1970
Construction BRICK
Total area 9,801 SF
Lot 2.03 ac (88,427 SF)
Zoning code I-1
APN 25-05-7567 -054
UPID US40-0676767
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Maryland Glass Block Inc Factory Industrial Manufacturer
  • BEST CHOICE APPLIANCES LLC Electronics & Wireless Store
  • Comfort Life Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$995k
Comparable Approach Comparable
$900k
Blend (final) Blend
$780k
Owner & transaction history
Patapsco Avenue LLC · 14 yrs held
Patapsco Avenue LLC
since 2012
3 recorded transactions
2012
Price N/A
2003
Price N/A
1969
Price N/A
Zoning & alternative use
I-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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