2700 Patapsco AveBaltimore, MD 21230

Property Details for 2700 Patapsco Ave

Year built

1968

Construction

BRICK

Lot size

3.40 AC

Property size (Sq ft)

76,598 SF

Zone code

I-1

Property type

Retail properties

Property subtype

Retail space

APN

25-04-7511A-010

APU

25047511A010

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $24,278,958

  6.5%

  $22,411,346

  7%

  $20,810,536

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,143,326

  Geo Method

  $12,143,326

• Alternative Use

  Use

  Valuation

  Residential

  $18,904,810

  Hospitality

  $17,316,704

  Educational

  $14,407,294

  Medical

  $14,902,783

  Retail

  $22,411,346

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.2552

Longitude

-76.6564

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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