3501 Sinclair LnBaltimore, MD 21213

  • Office properties
  • 15,000 SF
For Sale

Property Details for 3501 Sinclair Ln

Year built
1954
Construction
BRICK
Lot size
1.23 AC
Property size (Sq ft)
15,000 SF
Zone code
I-2
Property type
Office properties
Property subtype
Office buildings
APN
26-31-6108A-001
APU
26316108A001

Description

This exceptional three-story warehouse, located at 3501 Sinclair Ln in Baltimore, Maryland, presents a significant opportunity for businesses seeking a substantial industrial space. Boasting 19,500 square feet, this freestanding building sits on a 1.23-acre lot and is zoned I-2—Heavy Industrial, providing flexibility for a wide range of industrial uses. The property features convenient rear drive-in loading capabilities, enhancing operational efficiency. The building also includes a pre-existing office/laboratory build-out, offering immediate workspace solutions. Ample parking is available with 60+ spaces, ensuring convenient access for employees and visitors. The property's location within the East Baltimore City Industrial Submarket provides excellent access to major transportation routes and other key infrastructure. Outside storage area is also available. This property is ideal for businesses requiring a substantial industrial footprint with convenient amenities and strategic location. The building's size, zoning, and features make it a highly desirable asset in the Baltimore industrial market. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,234,346
    6.5%
    $2,985,550
    7%
    $2,772,297
  • Comparable approach

    Method
    Valuation
    Relative Method
    $943,650
    Geo Method
    $943,650
  • Alternative Use

    Use
    Valuation
    Residential
    $3,702,083
    Hospitality
    $3,391,088
    Educational
    $2,821,345
    Medical
    $2,918,376
    Retail
    $4,388,760
3501 Sinclair Ln, Baltimore, Maryland

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.313
Longitude
-76.5684
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,401
$104,800
$674,900
$779,700
-
$104,800
$674,900
$779,700

FAQs

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