Financial
Distress signals
Property profile

31850 Millington Rd Millington, MD 21651

OFF-MARKET
Other warehouses
Property ID
US40-0040640
15,400 SF 5 ac lot Built 1988
Last sale Apr 2024 · $950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a multi-use building totaling approximately 17,000+/- square feet on a 5-acre site with 486 feet of frontage on Maryland Route 301. It is zoned for Mixed Use Development and includes about 2,800 square feet of office space with heating and air conditioning; the office walls were recently painted, and the office floor finishes have been removed to a concrete sub-floor. The remaining approximately 14,476 square feet is configured as storage and warehouse space, featuring

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$569k
Assessed land$290k
Assessed improvement$279k
Effective rate1.13%

Value estimate

· Sep 2026
$950k
$855k – $1.05M
AI approach$950k
Submarket $/SF estimate$624k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-1
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.5
Parking Facility8.1
Grocery Store7.4

Location

31850 Millington Rd Millington, MD 21651-1438
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
31787 Riv, Millington, MD 21651-1300 $350,000 Mar 2022 4,872 SF
110 Chester Riv Hts, Millington, MD 21651-1611 $2,250,000 Nov 2020 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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