Asking Price Contact for pricing
Area Size N/A
NOI Net Operating Income N/A
NIY N/A
Asking Price Contact for pricing
Area Size N/A
NOI Net Operating Income N/A
NIY N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Land Area ()

Asset Description

Jones Lang LaSalle, a Maryland licensed real estate broker ("JLL"), is pleased to offer for sale a prime ~35 acre (~19.9 developable) development opportunity (the “Property”) in Hunt Valley, Maryland. Hunt Valley is located directly north of Baltimore City and has historically been Baltimore’s strongest performing industrial and flex market. The Property is less than one mile from I-83, offering North/South access to I-695 and the Baltimore-Washington Corridor.

 

The Property is currently zoned ML-IM (Light Industrial) but has the potential to be rezoned to accommodate residential, mixed-use or multifamily uses based on surrounding demographics. The Property offers investors an unparalleled opportunity to acquire strategically located land and the flexibility to develop a variety of different uses.

Investment Highlights

  • 35-acre (~19.9 developable) land parcel currently zoned ML-IM (Light Industrial).
  • Opportunity to develop differentiating product in a submarket with industrial occupancy at 93.6 %, average asking rates at $ 11.93 NNN and average age of competing product exceeding 49 years.
  • Sought-after location with superior transportation access to interstate highways and mass transit.
  • Extremely tight industrial submarket occupancy fundamentals
  • Land constrained market with limited opportunities for future industrial development.
  • Outstanding visibility and access - Over 1,700 linear feet of frontage facing York Road and over 28,000 VPD.
Last Updated Date: 01 Oct 2021

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 01 Oct 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.