1449 Odenton Rd - Warehouse FOR SALE


Odenton, MD 21113
$3,050,000 USD
301-221-5322
1449 Odenton Rd, Odenton, MD for Sale
$3,050,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

1449 Odenton Rd
Odenton, MD 21113


HIGHLIGHTS

  • 13,990 SF of Warehouse Space and 3,650 SF of Office Space
  • Up to 19'8" Clear Height, 6 Loading Docks and 3 Drive-In Doors
  • 21,500 SF (0.49 Acres) Paved Outdoor Storage/Parking Area
  • 2-Minute Drive to Route-32 On-Ramp, and 8-Minute Drive to I-97
  • Layout Would Allow Subdividing For Multiple Tenants

OVERVIEW

Marcus & Millichap is pleased to exclusively represent the ownership in the sale of 1449 Odenton Road, Odenton, MD. This 17,640 SF warehouse sits on a 1.28-acre lot with a large, 21,500 SF paved parking/outdoor storage area. It is conveniently located just 2 minutes from the Route-32 on-ramp, providing quick access to I-97. The property is within 15-minutes of BWI Airport, 30-minutes to Downtown Baltimore, and 45-minutes to Washington, D.C. In total, the building features 13,990 SF of warehouse, 3,650 SF of office and an additional 2,500 SF mezzanine space that was excluded from the total building size. The warehouse has 6 loading docks, 3 drive-in doors, and ceiling heights ranging from 16’-19’8”. Additionally, the fully fenced property features about half an acre of parking/outdoor storage space. The layout of the building would allow it to be subdivided for multiple tenants. The office area is two stories with two separate stairways connecting the two floors. The first-floor features 1 large co-working space, 2 private offices, reception area, storage room, break room, and 1 bathroom. The second-floor consists of 2 co-working spaces, 2 storage rooms, a break room, and 1 bathroom. While the building will be delivered mostly vacant, 3,500 SF is leased to a flooring business with 1-year remaining on their lease. This lease can be terminated with a 60-day written notice by Landlord or Tenant. The property is zoned OTC-T (Odenton Town Center-Transition) which permits a mixture of light industrial, retail, and office uses. The following are some, among many, uses permitted by right: auto repair and detailing, brewery, equipment sales and repair, gym/fitness uses, and home/hardware/building supply stores. Located just off Annapolis Road (28,250 AADT) and the Route-32 on-ramp, the property is surrounded by a mix of residential, light industrial, and retail amenities serving a population of 140,328 within a 5-mile radius. This opportunity is ideal for a local or regional business seeking warehouse or distribution space with ample loading, high clear heights, and convenient access to major highways, strategically positioned between Baltimore and Washington, D.C.

FOR SALE DETAILS

PRICE

$3,050,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

UTILITIES

Gas - Natural, Water - City, Sewer - Septic Field, Heating - Gas

CLEAR CEILING HT

19.666666666666668 Ft

DOCKS

6

DRIVE INS

3

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.29

LAND SF

56,192

ZONING

OTC-T

APN/PARCEL ID

04-000-90101138

ASK ABOUT THIS PROPERTY

Bryn MerreyMarcus & MillichapMore Info
301-221-5322

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Bryn MerreyMarcus & MillichapMore Info
301-221-5322

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.