Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1726 Dorsey Road Hanover, MD 21076

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Redevelopment site near Rt. 100 and BWI Airport.

    Type:Land, Retail
    Added:
    Apr 3, 2026
    Days on Market:
    20
    Last Refresh:
    Apr 3 at 4:56 am

    Property Features for 1726 Dorsey Road

    General Information

    Standard status
    Active
    Property subtype
    Land, Retail

    We can help!

    Listing Contact
    Mike Ruocco

    Listing agent Mike Ruocco

    Listing office

    Listing date Apr 3, 2026

    Source Mackenziecommercial

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

    All listing content including descriptions, pricing, images are the copyrighted material of Mike Ruocco

    Overview

    Dorsey Road Redevelopment Opportunity

    Located at 1726 Dorsey Road, just off of Rt. 100 in Hanover, this proposed redevelopment site, currently the location of the "Timbuktu" restaurant, offers multiple pad site opportunities and footprint options. The high visibility location benefits from 100,370 cars per day on adjacent Rt. 100 and is ideally situated in-between I-95 and BWI Airport, with easy access to Rt. 100, I-295 and I-97. The project is also located in close proximity to Arundel Mills Mall, and half a mile from Oxford Square, site of 1,500 homes. Proposed uses for the site include fast food, casual dining, full service restaurant, liquor, deli, gas/convenience, and a 150+ room hotel/conference center/banquet hall.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6934638
    Latitude
    39.1576986

    Nearby Similar for Sale

    • $299,000

      Prime Industrial Land Opportunity

      0.73-acre industrial land parcel in Hanover, MD for sale.
      7250 RACE Road, HANOVER, MD 21076
      View Details
    • $900,000

      Residential Land in Hanover, MD

      4.6-acre property near Arundel Mills, ready for development.
      RIDGE Road, HANOVER, MD 21076
      View Details
    • $299,000

      Industrial Land Development Opportunity

      0.73-acre industrial land parcel zoned W-2 in Hanover, MD.
      7250 Race Road, Hanover, MD 21076
      View Details
    • $3,395,250
      15,090 SF

      15,090 SF Industrial Building For Sale

      Free-standing industrial building with secured yard and high power capacity.
      7267 Park Cir Dr, Hanover, MD
      View Details
    • $3,800,000
      1,260 SF

      Hanover Industrial Land For Sale

      5 acres of heavy industrial land ready for development.
      7234 Ridge Rd, Hanover, MD 21076
      View Details
    • $565,357

      Undeveloped Land Parcel in Hanover

      Part of 10.3-acre assemblage near Arundel Mills and Fort Meade.
      PARCEL 271 WRIGHT RD, HANOVER, MD 21076
      View Details
    • $387,278

      Hanover Land Parcel for Sale

      Land parcel in Hanover, MD, near Arundel Mills and Fort Meade.
      PARCEL 326-7151 WRIGHT RD, HANOVER, MD 21076
      View Details
    • $892,668

      Hanover Land Parcel for Sale

      1.5 acre land parcel rezoned to R-15.
      PARCEL 252-7143 WRIGHT RD, HANOVER, MD 21076
      View Details
    • $387,278

      Hanover Land Parcel for Sale

      0.5 acre land parcel in Hanover, MD, rezoned to R-15.
      PARCEL 316-7147 WRIGHT RD, HANOVER, MD 21076
      View Details
    • $950,254

      Hanover Land Parcel for Sale

      1.44 acre land parcel in Hanover, MD, rezoned R-15.
      PARCEL 260-7131 WRIGHT RD, HANOVER, MD 21076
      View Details
    • $892,668

      Land Parcel in Hanover, MD

      1.5 acre land parcel rezoned to R-15.
      PARCEL 325 WRIGHT RD, HANOVER, MD 21076
      View Details
    • Contact for pricing
      253,330 SF

      Industrial Property in Hanover, MD

      253,330 SF industrial property available for sale.
      7441 Candlewood Rd, Hanover, MD
      View Details

    FAQs

    What type of property is this?
    Commercial land - Redevelopment site near Rt. 100 and BWI Airport.
    Where is this commercial land located?
    The property is located at 1726 Dorsey Road Hanover, MD.
    What are key features of this property?
    This property features: High visibility location with 100,370 cars per day on adjacent Rt. 100; Multiple pad site opportunities and footprint options; Ideally situated between I‑95 and BWI Airport
    (410) 494-4868
    We can help!
    Listing Contact
    Mike Ruocco
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!