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    2129 Pulaski Hwy Havre de Grace, MD 21078

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    For Lease
    Contact for pricing

    Havre de Grace Office/Warehouse Space

    Lot size:
    66,941 SF

    Property Features for 2129 Pulaski Hwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,941 SF
    Class
    C
    Total Rate
    61362.58

    Building Details

    Year Renovated
    2011
    Stories
    1

    Spaces For Lease

    at 2129 Pulaski Hwy, Havre de Grace, MD 21078 Contact us
    Unit Pulaski

    $16 /Mo

    Size
    3,241 SF
    Contact us

    We can help!

    Listing Contact
    Moshe Meystel
    Moshe Meystel

    Listing Agency: Skyline Properties LLC Listing Agent: Moshe Meystel

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

    Learn more

    Property Insight Report

    Overview

    This Havre de Grace, Maryland property at 2129 Pulaski Highway offers 66,941 square feet of versatile commercial space, ideal for a variety of uses. The building, classified as Class C, features a mix of retail, office, and industrial space, currently configured as multiple tenancies. A contiguous space of 3,241 square feet is immediately available, with a minimum divisible space of 1,800 square feet. The single-story building underwent renovations in 2011 and sits on a 4.58-acre lot, providing ample parking with 118 spaces distributed among the five suites. Three loading docks cater to efficient logistics. The property boasts 240/3-phase 1000 Amp electrical service, making it suitable for power-intensive businesses. Conveniently located approximately three miles from I-95 and a five-minute drive to the train station, this location offers easy access to major transportation arteries. Nearby amenities include shopping centers and restaurants, enhancing its appeal and accessibility. The property is zoned C1-Commercial Industrial within Harford County, Maryland, and its zip code is 21078. The absence of elevators should be noted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Summit Chiropractic Alternative Medicine Practice Scitech Services Inc General Contractor Nexagen Networks, Inc. (Bike/Boat/Book/etc) Store Tyler Fino Smardzewski Alternative Medicine Practice ABC Supply Co. ... Big Box & Wholesale Store

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Havre de Grace
    County
    Harford
    State
    Maryland
    Longitude
    -76.1342819
    Latitude
    39.5274088

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    FAQs

    What type of property is this?
    Medical office - Havre de Grace Office/Warehouse Space
    Where is this medical office located?
    The property is located at 2129 Pulaski Hwy Havre de Grace, MD.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Excellent highway access: ~3 miles to I-95 and 5-minute drive to the train station.; 66,941 SF building with 3,241 SF of available space, ideal for medical or adult daycare use.; Ample parking: 118 spaces shared among four tenants.
    (443) 499-2721 Call to check price and availability
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    2129 Pulaski Hwy Havre de Grace, MD 21078
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    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
    2129 Pulaski Hwy Havre de Grace, MD 21078
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    Contact for Pricing
    Please call us for current price
    and status of this listing Moshe Meystel
    Moshe Meystel
    Real Estate License ID: 656242
    (443) 499-2721
    Learn more
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