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5501 Pennington Ave - Origin Baltimore Terminal 41.1 Acres of Industrial Land in Baltimore, MD 21226
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.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Washington
702,455
38
0 h 56 m
Philadelphia
1,584,138
105
2 h 14 m
New York
8,398,748
193
3 h 58 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%
$ values in USD
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.
Peter Coe, Sales & Leasing Associate
Peter comes to TD&A with meaningful experience from internships in the Commercial Real Estate industry, as well as his specialized degree in Real Estate and Economic Development from the University of Baltimore. Peter has had exposure to Section 8 compliance and private equity operations, however he is excited to carve out his niche in TD&A’s Office & Industrial Group working hard to develop new clientele while diligently representing the interests of TD&A’s existing client roster. Peter looks forward to being one of the top Associates in the market.
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5501 Pennington Ave - Origin Baltimore Terminal
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