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5501 Pennington Ave - Origin Baltimore Terminal 41.1 Acres of Industrial Land in Baltimore, MD 21226
Executive Summary
Sale of 41 Entire Acres or Sale/Lease of Up to 20 (+/-) Contiguous Acres
Offering Memorandum
Property Facts
| Sale Type | Investment | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 41.10 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| 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 |
| 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.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Washington
702,455
38
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
1,022,324
Total Labor Force
527,286
Unemployment Rate
3.91%
Median Household Income
$73,732
Warehouse Employees
60,812
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
Sale Advisors
Steven Cornblatt, Principal
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.
During his career, Steven has completed leases and sales with an aggregate value in excess of an estimated $100 million.
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