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9885 Washington Blvd

20,000 SF Industrial Building Laurel, MD 20723 £2,745,435 (£137/SF)

Investment Highlights

  • Visibility & Signage on Route-1 With +/- 31,000 Vehicles Per Day
  • Interior Manufacturing Rooms Within Warehouse have Air Conditioning
  • Nearby Restaurants, Shopping, and Transportation
  • Located Halfway Between D.C and Baltimore

Executive Summary

Marcus & Millichap is pleased to exclusively represent the ownership in the sale of 9885 Washington Boulevard North, Laurel, MD 20723. The CE-CLI zoned property sits on a 1.06-acre lot with a 20,000 SF flex building consisting of +/- 8,000 SF of two-story office space and +/- 12,000 SF of warehouse.
Currently occupied by Galaxy Electronics, and used for circuit board manufacturing, the property offers unique features such as heavy power, air conditioning in certain manufacturing rooms within the warehouse, floor drains in certain areas, and a 2-ton crane. Further, the warehouse offers three drive-in doors and one loading dock.
While the warehouse currently consists of multiple interior manufacturing rooms, a new owner could demolish the existing buildout and restore the warehouse to one large space with a single row of six columns and 18’ clear heights.

The two-story office area consists of 18 private offices, two conference rooms, and a kitchen/break area. The expansive window line and skylights provide ample natural light.
Strategically positioned halfway between Baltimore and Washington, D.C., the location offers quick access to I-95, the Intercounty Connector (ICC), and Route 29. The immediate area has a tight industrial real estate market, with occupancy above 97% and annual rent growth exceeding 9%, reflecting strong demand and limited supply.
This investment is ideal for an owner-user seeking functional space in a convenient location and with prominent visibility on a highly trafficked street.

Property Facts

Price £2,745,435
Price Per SF £137
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Light Manufacturing
  • Industrial Manufacturing
  • Office Industrial Live Work Unit
Building Class B
Lot Size 1.06 AC
Rentable Building Area 20,000 SF
Number of Floors 2
Year Built 1983
Tenancy Single
Parking Ratio 2.1/1,000 SF
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 1
Level Access Doors 3

Amenities

  • Signage
  • Roof Lights
  • Air Conditioning

Utilities

  • Lighting - LED
  • Water - County
  • Sewer - County
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-464165
  • 06-472729
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,859,287

zoning

Zoning Code CECLI (Development in the CE District should provide for new office, flex, and light industrial uses.)
CECLI (Development in the CE District should provide for new office, flex, and light industrial uses.)
  • Listing ID: 33166037

  • Date on Market: 13/09/2024

  • Last Updated:

  • Address: 9885 Washington Blvd, Laurel, MD 20723

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