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    1321 Mercedes Dr Hanover, MD 21076

    Sponsored
    For Lease
    Contact for pricing

    Hanover, MD industrial space for lease. 4,950 sq ft available.

    Lot size:
    60,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, Baltimore Commons, located at 1321 Mercedes Drive in Hanover, Maryland, 21076, offers a prime opportunity for businesses seeking flexible warehouse or flex space. The property is situated in the desirable BWI/Anne Arundel submarket of Anne Arundel County. The single-story building boasts a total of 60,300 square feet, with 4,950 square feet currently available for lease. The space features a generous 21-foot ceiling height, ideal for various industrial uses and high-storage needs. Convenient loading dock access is provided for efficient material handling. Ample parking is available with 156 total spaces. The property benefits from a robust 120/208-volt, 3-phase, 4-wire electrical service. This multi-tenant building presents a versatile solution for businesses requiring a blend of office and warehouse space, or solely warehouse space. The property's location in the BWI/Anne Arundel submarket offers excellent access to major transportation routes and the Baltimore-Washington International Thurgood Marshall Airport. Inquire today to learn more about this exceptional leasing opportunity.

    Property Features for 1321 Mercedes Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,300 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,950 SF

    HighLights

    • 60,300 SF light industrial building in Hanover, MD.
    • One‑story block and brick building with steel trim.
    • 20' clear ceiling height.
    • 120/208‑volt, 3‑phase, 4‑wire electrical service.
    • Gas heat and public utilities; sprinkler system; loading docks and drive‑ins.
    • Two miles from BWI Airport; 1.9 miles to Amtrak and Light Rail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    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
    -76.7037981
    Latitude
    39.1653086

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    FAQs

    What type of property is this?
    Distribution property - Hanover, MD industrial space for lease. 4,950 sq ft available.
    Where is this distribution property located?
    The property is located at 1321 Mercedes Dr Hanover, MD.
    What are key features of this property?
    This property features: 60,300 SF light industrial building in Hanover, MD.; One-story block and brick building with steel trim.; 20' clear ceiling height.
    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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