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5501 Pennington Ave - Origin Baltimore Terminal 41.1 Acres of Industrial Land in Baltimore, MD 21226

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Executive Summary

Sale of 41 Entire Acres or Sale/Lease of Up to 20 (+/-) Contiguous Acres

Offering Memorandum

More Attachments

5501 Pennington Avenue

Flyer of 5501 Pennington Avenue

Property Facts

Sale Type	Investment	Proposed Use	Industrial
No. Lots	1	Total Lot Size	41.10 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Industrial
Zoning	MI and I-2 - Maritime industrial and general industrial uses.

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Industrial
Total Lot Size	41.10 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	MI and I-2 - Maritime industrial and general industrial uses.

1 Lot Available

Lot

Lot Size	41.10 AC

Lot Size	41.10 AC

Heavy waterfront industrial site comprising four parcels that total 41.1 AC. Shed, warehouse, storage, and tankage available.

Description

TD&A is pleased to exclusively represent Origin Baltimore Terminals on the sale of the 4-parcel, 41.01-acre site, identified as 5501 Pennington Avenue, former headquarters of Origin Americas. In addition to acquisition of the entire 41-acre waterfront property, ownership is now offering the rare opportunity to purchase a subdivided portion of the property adjacent to its deep water (24’) pier, which land area may range between 12.31 (+/-) and 18.50 (+/-) acres, including exclusive use of the existing CSX rail spur with stacking for up to 8 railcars.

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.

City

Population

Miles

Drive Time

Washington

702,455

0 h 56 m

Philadelphia

1,584,138

107

2 h 21 m

New York

8,398,748

191

3 h 59 m

Boston

694,583

402

8 h 14 m

Columbus

892,533

405

7 h 46 m

Charlotte

872,498

437

8 h 35 m

Access and Labor Force

10 Miles

Total Population

1,021,147

Total Labor Force

526,956

Unemployment Rate

2.72%

Median Household Income

$67,778

Warehouse Employees

61,782

High School Education Or Higher

88.70%

Nearby Amenities

Restaurants
Shirley's Restaurant	American	$$	10 min walk
Pennington Diner LLC	Diner	-	13 min walk

Hotels
Red Roof Inn	100 rooms 7 min drive
Extended Stay America Suites	101 rooms 7 min drive
Hampton by Hilton	116 rooms 7 min drive
Garner	127 rooms 8 min drive
Clarion	160 rooms 12 min drive

Sale Advisors

(443) 921-9331

Contact

Steven Cornblatt, Principal

(443) 921-9331

Contact

Steve is a veteran of the commercial real estate industry with more than three decades of experience providing consultative service to owners and users of commercial, industrial and office real estate.
During his career, Steven has completed leases and sales with an aggregate value in excess of an estimated $100 million.

(443) 977-4639