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

Presenting a rare sale opportunity at 5501 Pennington Avenue located in Curtis Bay, Baltimore. This expansive 41-acre site, formerly the Origin Americas Headquarters, offers 140,325 square feet of versatile industrial space across multiple buildings and parcels. Available to purchase entire property and/or 10.25 acres lot which includes 10,000 square feet of industrial space.

Ideal for strategic owner/operator use with substantial NOI in place with flexibility to terminate multiple leases. Currently generating over $3 million in annual gross income through diverse revenue streams, including warehouse rents, oil re-refining, tank rentals, industrial outdoor storage (IOS), parking rents, and dockage fees, this property is a prime acquisition for strategic investors. Zoned for both maritime industrial and general industrial uses, 5501 Pennington Avenue sits in an Opportunity Zone and is eligible for various economic incentives, making it a prime investment.

This industrial waterfront property includes a 47,082-square-foot shed with direct access to rail, a 16,000-square-foot warehouse, and a 10,725-square-foot storage building. Additionally, up to 25 acres of raw land are available for future development or expansion. Extensive industrial infrastructure is in place, including heavy-duty electrical systems with 1,900-amp power capabilities, oil and gas piping, and on-site access to Curtis Creek and CSX Rail. The primary pier is capable of accommodating vessels up to 640 feet in length, with a draft of 24 feet at low tide, providing unparalleled access for maritime operations. This property’s flexibility for redevelopment, coupled with its ability to generate diverse income, makes it a standout opportunity for buyers looking to maximize return on investment.

5501 Pennington Avenue benefits from exceptional access to major transportation routes, including Interstates 95 and 695, the CSX Railway, and the Port of Baltimore’s deep-water access. The property is also strategically located near the Key Bridge reconstruction site, which promises future infrastructural improvements and greater connectivity. Tenants and potential buyers will appreciate the surrounding area’s amenities, including retailers and service providers, alongside a skilled workforce of over a million living within 10 miles and various economic development incentives. The property is situated within one of the most land-constrained regions of the Baltimore-Washington Corridor, making it a rare opportunity in a growing industrial market.

The Curtis Bay neighborhood offers a unique environment for heavy industrial operations, with direct access to rail, road, and water infrastructure. The growing demand for industrial space in the area, combined with the property’s potential for redevelopment and expansion, positions 5501 Pennington Avenue as a high-value opportunity. With the added benefit of income-generating assets already in place and the potential to restructure or develop new leases, this property provides an unmatched chance to secure a significant foothold in the Baltimore-Washington Corridor’s industrial market.