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    7234 Ridge Rd Hanover, MD 21076

    Sponsored
    For Sale
    $3,800,000

    Industrial property for sale in Hanover, MD

    Property size:
    1,260 SF

    Description

    Added:
    Dec 19, 2025
    Days on Market:
    22
    5 acres Heavy Industrial Land
    Zoning Changed to W-2
    Ready for Development
    Near BWI
    Public Water and Septic

    Property Features for 7234 Ridge Rd

    General Information

    Property type
    Industrial land
    Square Feet
    1,260 SF
    Class
    C
    Lot Size
    217,800 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    State
    Maryland
    Longitude
    -76.7201
    Latitude
    39.1701

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    FAQs

    What type of property is this?
    Industrial land - Industrial property for sale in Hanover, MD
    Where is this industrial land located?
    The property is located at 7234 Ridge Rd Hanover, MD.
    What is the asking price?
    The asking price for this property is $3,800,000.
    (443) 928-7522
    Request Owner's contact information
    7234 Ridge Rd Hanover, MD 21076
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    Hanover, MD 21076
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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
    7234 Ridge Rd Hanover, MD 21076
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