Baltimore, Maryland, is a prime location for investing in Industrial Properties For Sale, with its strategic position on the Patapsco River near the Chesapeake Bay. Industrial Properties in Baltimore offer a unique opportunity for investors to tap into the city's diverse economy, which is driven by the port industry, tourism, and manufacturing. These properties can represent a range of investments, from warehouses and distribution centers to manufacturing facilities and research and development spaces. Baltimore's Industrial Properties are characterized by their proximity to major transportation hubs, including the Port of Baltimore, Baltimore-Washington International Thurgood Marshall Airport, and the city's extensive network of highways and rail lines. The city's geography, with its mix of waterfront and inland areas, also provides a range of options for Industrial Properties, from those with direct access to the port to those located in more inland areas. Additionally, Baltimore's highly educated workforce, with institutions like Johns Hopkins University and Loyola University Maryland, makes it an attractive location for businesses looking to establish or expand their operations.
Baltimore's Industrial Properties For Sale offer a unique combination of amenities, infrastructure, and location. The city's transportation network, including the Maryland Transit Administration bus and rail system, the Charm City Circulator shuttle bus service, and the Baltimore Water Taxi, makes it easy to get around the city and access major transportation hubs. The city is also home to a range of cultural and educational institutions, including the National Aquarium, the Baltimore Museum of Art, and the Peabody Institute. Other property types available in Baltimore include Warehouses, which offer flexible space for businesses looking to store or distribute goods; Land, which provides opportunities for development and expansion; Apartment Buildings, which offer a range of housing options for residents; and Commercial Real Estate, which includes office spaces, retail centers, and restaurants. With its diverse economy, highly educated workforce, and extensive transportation network, Baltimore is an attractive location for businesses and investors looking to establish or expand their operations. The city's Industrial Properties For Sale offer a unique opportunity to tap into this growing market.
What is the average price per square foot for industrial properties in Baltimore?
The average price per square foot for industrial properties in Baltimore is $131 USD.
How do location and transportation access affect industrial property values?
When it comes to industrial properties in Baltimore, location and transportation access play a significant role in determining their value, as proximity to major transportation hubs, highways, and ports can greatly impact a property's functionality, accessibility, and overall desirability.
- Properties located near Baltimore-Washington International Thurgood Marshall Airport, the Port of Baltimore, and major highways like I-95 and I-70 tend to command higher prices due to their ease of access to regional and national markets.
- In addition, industrial properties situated near public transportation options, such as the Maryland Transit Administration's bus and light rail networks, can also increase in value as they offer employees and customers convenient access to the property.
- Currently, there are 65 industrial properties for sale in Baltimore, with an average price per square foot of $131 USD, an average size of 24,578 square feet, and an average cap rate of 8.3%.
