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    941 Mercantile Dr Hanover, MD

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    For Lease
    $17 SF/Yr ($7,216 /Mo)

    Flex space with office layout and warehouse with dock doors.

    Property size:
    5,000 SF
    Lot size:
    16.45 Acres

    Property Features for 941 Mercantile Dr

    General Information

    Size
    5,000 SF
    Lot size
    16.45 Acres

    Source: Douglas Commercial Agent Scott Douglas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Flex Space with Warehouse

    This property offers a turnkey flex space solution, complete with furnishings. The office area is configured with a reception area, conference room, multiple offices, a copy room, and a kitchen breakroom. The warehouse component features an 18-foot clear height and is equipped with two dock doors.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Auto Repair Shop Hair Salon Wholesale Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    CML Catering, Turkish delicious foods

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.745195
    Latitude
    39.2112091

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    FAQs

    What type of property is this?
    Flex space - Flex space with office layout and warehouse with dock doors.
    Where is this flex space located?
    The property is located at 941 Mercantile Dr Hanover, MD.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey flex space with furnishings included; - Warehouse with 18’ clear height; - Two dock doors for warehouse access
    (301) 655-8253
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    941 Mercantile Dr Hanover, MD
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    941 Mercantile Dr Hanover, MD
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