Share This Listing

Message

910 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Cash-Flowing 100% Leased Industrial/Warehouse 6401-6403 Erdman Ave 28,421 SF 100% Leased Industrial Building Online Auction Sale Baltimore, MD 21205

Counterbid
{{Auction.FormattedText.CounterbidText}}
{{Auction.FormattedAuctionTitleText}}
{{Auction.FormattedAuctionTitleText2}}
46 DAYS d
:
I
13 HRS h
:
I
58 MIN m
:
I
39 SEC s
Auction Starts
48 DAYS d
:
I
13 HRS h
:
I
58 MIN m
:
I
39 SEC s
Auction Ends
Finalizing
{{Auction.FormattedStartingBid}}
Starting Bid
{{Auction.FormattedCurrentBid}}
{{Auction.FormattedCurrentBidText}}
{{Auction.FormattedCurrentPurchasePrice}}
{{Auction.FormattedText.CurrentPurchasePriceText}}
{{Auction.FormattedBidIncrement}}
Bid Increment
{{Auction.BidIncrementLoweredText}}
{{Auction.BidderRegistrationStatus}}
{{Auction.FormattedText.BidderRegistrationStatusLabel}}
{{Auction.FormattedReserveText}}
{{Auction.FormattedReserveLabelText}}
16,825
Total Views
Your registration has been denied. Please contact Help Center at 888-770-7332 for more information.
You will receive an email confirmation upon approval

{{Auction.Status}}

{{Auction.FormattedText.BidderBidRejectedWarningText}}
{{Auction.FormattedText.BidderBidLimitExceededWarningText}}
{{Auction.FormattedText.BidderBidLimitWarningText}}
{{Auction.FormattedText.NextBidLowerPurchasePriceText}}
Your Bid Limit: {{Auction.Registration.BidLimitAmtFormatted}} {{Auction.FormattedText.NoBidLimitText}}
Min Bid is {{Auction.FormattedNextBid}}
{{Auction.FormattedStartingBid}}
Starting Bid
{{Auction.FormattedBidIncrement}}
Bid Increment
{{Auction.BidIncrementLoweredText}}
{{Auction.FormattedReserveText}}
{{Auction.FormattedReserveLabelText}}
You have won the auction! Please check your email for next steps from the Contracts & Closing Team. The sale of this asset is subject to seller approval. Please check your email for next steps from the Contracts & Closing Team.
{{Auction.FormattedText.RealTimeText }}
{{Auction.FormattedText.RealTimeTextDisconnected }}
{{Auction.FormattedText.RealTimeText }}
{{Auction.FormattedText.RealTimeTextConnected }}
{{Auction.FormattedText.CurrentHighestBidderText}}
The bid amount you entered is less than the next minimum bid amount, please try again
Confirm your bid amount of
{{Auction.BidAmount}}
Matterport 3D Tours

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Investors will find a distinguished opportunity in the Baltimore market with this fully leased, income-generating industrial property.
  • Two-tenant property features NNN lease terms and an average WALT of approximately 3.5, providing investors with a stable asset.
  • Area demographics bode well for investors with a strong workforce of 298,177 employees within 5 miles of the asset.
  • Positioned with logistics in mind, with rail & Port of Baltimore access just east of downtown near Interstates 95 and 895, as well as Pulaski Highway.
  • Employees have convenient access to nearby retailers and amenities, including Dunkin’, Royal Farms, McDonald’s, Wawa, Subway, and other options.
  • Recently installed a new roof alongside a new BGE natural gas service to the building with 1.2 million BTU capacity.

Executive Summary

6401-6403 Erdman Avenue presents buyers with a hands-off investment opportunity in Baltimore, Maryland.

Covering 28,421 square feet on a single floor, this well-maintained brick property offers easy upkeep and appeals to buyers seeking hassle-free ownership in industrial outdoor storage (IOS) buildings. The industrial facility boasts two drive-in bays, 20-foot ceilings, and plentiful parking, all situated on a large 1.23-acre lot that includes a secure fenced yard and turnaround space for big vehicles. The site is zoned I-2. The building currently generates steady cash flow with minimal management required, as it is fully leased to A-Tech Hydraulics and O-Go Sales, both reliable tenants with solid occupancy records. Both leases are NNN, allowing owners to enjoy a truly passive investment.

This property is strategically located within Baltimore, enabling highly efficient operations. Direct access to Interstates 95 and 895 facilitates rapid connectivity both throughout the city and to major metropolitan areas, including Washington, DC, Philadelphia, New York, and others. The site’s position along a rail line further enhances logistical efficiency. Martin State Airport is conveniently accessible by car. The proximity to major thoroughfares ensures convenient commuting for employees, while an abundance of retail and dining establishments nearby provides excellent options for pre-work, post-work, and lunch breaks.

Baltimore is considered an attractive market for investors. The region continues to serve as a key logistics center, supported by its distinct port infrastructure and ongoing development. As a premier logistics hub, Baltimore offers essential last-mile delivery access to densely populated markets along the Eastern Seaboard. Major companies like Amazon benefit from the Port of Baltimore’s shipping and rail capabilities.

Property tours are available by appointment only. Please contact the listing broker to schedule.

Matterport 3D Tours

3D Exterior

{{slideTitle}}

/3

Data Room Click Here to Access

Market Analytics Click Here to Access

{{summary.v}}

{{summary.t}}

{{headerValue}}
{{rowValue.t}}
{{rowValue.to}}
{{rowValue.l}}
{{rowValue.h}}

{{summary.v}}

{{summary.t}}

{{headerValue}}
{{rowValue.t}}
{{rowValue.a}}
{{rowValue.l}}
{{rowValue.h}}
{{rowValue.m}}

Market Sale Price per SF

Baltimore - MD USA

Market Cap Rate

Baltimore - MD USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type Investment
Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.23 AC
Rentable Building Area 28,421 SF
No. Stories 1
Year Built 1950
Parking Ratio 0.89/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning I-2 - Manufacturing Heavy
Parcel Number 6242E-001G

Amenities

  • Fenced Lot

Utilities

  • Water - City
  • Sewer - City
  • Heating - Gas

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
Washington
702,455
42
1 h 2 m
Philadelphia
1,584,138
101
2 h 10 m
New York
8,398,748
184
3 h 48 m
Boston
694,583
396
8 h 3 m
Columbus
892,533
407
7 h 49 m
Charlotte
872,498
441
8 h 41 m
Access and Labor Force
10 Miles
Total Population
1,128,745
Total Labor Force
571,182
Unemployment Rate
2.81%
Median Household Income
$64,042
Warehouse Employees
65,174
High School Education Or Higher
88.70%

Sale Advisor

Sale Advisor

Jon Schulman, President
Jon Schulman is the founder and principal of Rockpark Property Group, LLC, a boutique consulting firm specializing in commercial real estate transactions. Jon is a seasoned real estate professional, advising clients on property development and acquisitions. Prior to founding Rockpark, Jon was a Leasing and Development Manager at Caves Valley Partners, focusing on urban, mixed-use projects, and suburban real estate transactions.

Notable accomplishments include completing transactions of over three million square feet of office and retail space and participating in real estate transactions worth over $900 million. Jon is a graduate of the University of Michigan and the McDonogh School. Jon serves as an at-large member of the Baltimore County Planning Board. He was appointed by the County Executive in October of 2024 and currently serves as Co-Chair of the Real Estate Industry Group for the Associated.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More

Auction Contact

Pace Zambito
Auctioneer License: Ten-X Vibhav Kapila RE Brkr 660150
  • Listing ID: 38473518

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 6401-6403 Erdman Ave, Baltimore, MD 21205

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000

Contact the Sale Advisor

Cash-Flowing 100% Leased Industrial/Warehouse | 6401-6403 Erdman Ave

What's your inquiry about?*

Select at least one of the options above

Which part of the auction process do you have questions about?*

Select at least one of the options above

Preferred Date*

Select one date

Message* (optional)

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

Already a member? Log In

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}