Property profile

0 Hanover Rd Hanover, MD 21076

OFF-MARKET
Warehouses
5.99 ac lot
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Property summary

AI-generated overview

This exceptional 5.99-acre industrial property, located on Hanover Rd in Hanover, Maryland (zip code 21076), presents a rare investment opportunity. The property boasts a desirable location in Howard County, offering convenient access to major transportation routes. Currently zoned as Open Space (OS) and partially W-1, this land presents significant development potential. The tax ID is 05-90011766, and the ownership is fee simple. A key advantage is the proposed new interchange at Hanover Rd and B/W Parkway, promising enhanced accessibility and future value appreciation. The W-1 zoning designation is particularly hard to find, making this a truly unique offering for developers and investors seeking a strategic foothold in a rapidly growing area. The property's size and zoning flexibility allow for a wide range of development possibilities, making it an attractive prospect for various industrial uses. Serious inquiries are encouraged to explore this exceptional opportunity further. The asking price is available upon request.

Property profile

Verified
Property type Warehouses
Lot 5.99 ac (260,924 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hanover Rd Hanover, MD 21076
Hanover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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