9885 Washington Blvd
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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.
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
Amenities
- Signage
- Roof Lights
- Air Conditioning
Utilities
- Lighting - LED
- Water - County
- Sewer - County
- Heating - Gas
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £0 | |
Land Assessment | £0 | Total Assessment | £1,859,287 |
PROPERTY TAXES
Parcel Numbers
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.) |
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9885 Washington Blvd
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