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    1321 Mercedes Dr Hanover, MD 21076

    Sponsored
    For Lease
    $18 SF/Yr ($15,000 /Mo)

    10,000 SF Warehouse, Flexible Lease

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Hanover, MD warehouse offers 10,000 square feet of versatile space, divisible to a minimum of 500 square feet, perfect for various business needs. Located at 1321 Mercedes Dr, Hanover, MD 21076, this industrial property boasts two dock-high doors, ensuring efficient loading and unloading. With 10,000 square feet currently available, this space presents a unique opportunity for businesses seeking flexible lease terms. The property is available for occupancy starting June 1st, 2024. Annual property taxes are $1.50 per square foot. The building's strategic location facilitates seamless last-mile delivery, cross-docking, transloading, and freight rework. Whether your business requires short-term or long-term storage, this warehouse offers adaptable solutions to meet your inventory management needs. This facility is ideal for businesses of all sizes, from startups to established enterprises, providing a supportive environment for growth and expansion within a modern and efficient warehouse setting. The property is ready for immediate occupancy, and tours are currently being scheduled.

    Property Features for 1321 Mercedes Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Total Rate
    15000

    Unit(s) available at that property

    Space
    Hanover Warehouse Space 1672- 500 to 9K
    Size
    10,000 SF
    Rate per SF
    $18

    HighLights

    • 10,000 SF warehouse available in Hanover, MD, divisible to 500 SF increments.
    • Located at 1321 Mercedes Dr, Hanover, MD 21076.
    • Features two dock‑high doors, 10.5' high.
    • Available June 1, 2024; annual property taxes are $1.50/SF.
    • Amenities include internet, water/drain, and security cameras; forklift available for a fee.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -76.7042309
    Latitude
    39.1654964

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    FAQs

    What type of property is this?
    Distribution property - 10,000 SF Warehouse, Flexible Lease
    Where is this distribution property located?
    The property is located at 1321 Mercedes Dr Hanover, MD.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF warehouse available in Hanover, MD, divisible to 500 SF increments.; Located at 1321 Mercedes Dr, Hanover, MD 21076.; Features two dock-high doors, 10.5' high.
    Request Owner's contact information
    1321 Mercedes Dr 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
    1321 Mercedes Dr Hanover, MD 21076
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