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Hanover Industrial Land Opportunity
For Sale
$299,000

7250 RACE ROAD, Hanover, MD 21076

0.73-acre industrial land parcel in Hanover, MD for sale.

Property SizeContact for details
Lot Size0.73 Acres
Days on Market120

Property Features for 7250 RACE ROAD

General Information

Standard status Active
Lot size 0.73 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $757
Listing Agency: Taylor Properties
Listed By: Jennifer L Drennan · License #617937
Source: Thehulsmangroup
Added: Apr 27 Changed: Aug 23 Last Checked: Aug 23 at 9:13AM

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 Taylor Properties

Investment Insights

Based on property information with market context.

This 0.73-acre industrial land parcel is located in Hanover, Maryland. Zoned W-2 (Light Industrial), the property is suitable for developers, owner-users, contractors, or investors. The site benefits from workforce access, regional connectivity, and proximity to industrial and distribution operations. It is located minutes from MD-100, I-295, and I-95, providing regional access. BWI Thurgood Marshall Airport is nearby, making it suitable for air-cargo operations or regional distribution. The Dorsey MARC Station offers transit options. Positioned between Baltimore and Washington, D.C., this parcel serves as a central hub for businesses seeking efficient regional distribution and access to major transportation arteries. The W-2 Light Industrial zoning allows a range of intensive industrial uses, including contractor storage yards, equipment staging, trucking terminals, warehousing, manufacturing or assembly facilities, and automotive repair. The lot is generally level and undeveloped, providing a blank canvas for build-to-suit projects, outdoor storage, or new construction tailored to operational needs. Utilities are available through the county. Hanover is one of Maryland’s strongest industrial submarkets, with a mix of distribution centers, manufacturing plants, and service-based industrial operations. Proximity to Arundel Mills, fuel stations, retail amenities, and workforce hubs enhances operational efficiency. The property has a walk score of 28, indicating that it is car-dependent, and a bike score of 25, indicating that it is somewhat bikeable.

Key Highlights

  • Prime location in Hanover, MD, a high‑demand logistics and industrial hub.
  • Zoned W‑2 Light Industrial, allowing for a wide range of intensive industrial uses.
  • Excellent regional accessibility via MD‑100, I‑295, and I‑95, plus proximity to BWI Airport and Dorsey MARC Station.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic Home Appliance Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

Demographics for 21076, MD

22,299
Population
9,553
Households
2.3
Avg Household Size
36
Median Age
55%
College-Educated
96%
High-School Grad
13.1 sq mi
ZIP Area
1,702
Density / Sq Mi
$143,409
Median Household Income
$82,572
Median Earnings
$2,337
Median Rent
$492,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 0.73-acre industrial land parcel in Hanover, MD for sale.
Where is this industrial land located?
The property is located at 7250 RACE ROAD Hanover, MD.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Prime location in Hanover, MD, a high‑demand logistics and industrial hub.; Zoned W‑2 Light Industrial, allowing for a wide range of intensive industrial uses.; Excellent regional accessibility via MD‑100, I‑295, and I‑95, plus proximity to BWI Airport and Dorsey MARC Station.
More about this property
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