Property profile

8270 Lokus Rd Odenton, MD 21113

FOR LEASE
Outlet malls
Property ID
US40-0920881
26,631 SF 3.32 ac lot Built 2006
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, located at 8270 Lokus Rd in Odenton, Maryland, offers 12,000 square feet of flexible warehouse space currently available for lease. The property is zoned I-OD Industrial and situated in Anne Arundel County, zip code 21115. The building features high ceilings ranging from 22 to 24 feet, providing ample vertical space for storage and operations. The space is divided into multiple units, each offering significant potential for a variety of businesses. With a total of 12,000 square feet currently vacant, this property presents a unique opportunity for businesses seeking a versatile and spacious industrial location. The property's convenient location in Odenton, MD offers easy access to major transportation routes, making it an ideal choice for companies needing efficient logistics and distribution capabilities. The flexible layout allows for customization to meet specific business needs, making it suitable for a wide range of industrial and warehousing operations. Interested parties are encouraged to inquire about the specifics of unit availability and lease terms. This is a prime opportunity to secure a substantial and well-located industrial space in a thriving Maryland market.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2006
Total area 26,631 SF
Lot 3.32 ac (144,619 SF)
Zoning code W2
APN 04-474-90217536
UPID US40-0920881

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
  • Production Facility Textile Manufacturer
  • Auto Repair Shop
  • General Contractor
  • Big Box & Wholesale Store
  • HVAC Service General Contractor

Location

8270 Lokus Rd Odenton, MD 21113
Odenton metro Census 740304 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
by Request
Blend (final) Blend
$4.28M

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

W2 · Odenton, MD

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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