Financial
Distress signals
Property profile

2895 Principio Pkwy North East, MD 21901

FOR LEASE
Office buildings
View Listing
Property ID
US40-1948518
14,288 SF 67.19 ac lot Built 2019
Last sale Oct 2019 · $83,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$250k
Tax billed · 2023
Assessed value$68.11M
Assessed land$5.38M
Assessed improvement$62.73M
Effective rate0.37%

Value estimate

· Sep 2026
$3.81M
$3.43M – $4.19M
CAP approach$3.58M
Submarket $/SF estimate$4.58M
NOI build-up
Gross scheduled income$804k
Vacancy & credit loss−$68k
Operating expenses−$221k
NOI · 19,432,528.30% cap applied$515k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$194/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$125 – $321

Cap rate analysis

How does the asset earn?
19,432,528.30%
$515k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MEA
JurisdictionCECIL

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand index
Convenience Store8.6
Bakery8.4
Cafe & Coffee Shop8.1

Location

2895 Principio Pkwy North East, MD 21901
County assessor Recorded deeds · 2 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

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Leslie, North East, MD 21901 $650,000 Feb 2024 2,310 SF
113 Main, North East, MD 21901-3911 $550,000 Jan 2024 4,324 SF
571 Mechanics Vly, North East, MD 21901-3624 $1,200,000 Apr 2023 1,536 SF
386 Old Bayview, North East, MD 21901-1822 $300,000 Mar 2023 1,536 SF
28 Flint, North East, MD 21901-3746 $435,000 May 2022 1,960 SF
585 Principio W, North East, MD 21901-2919 $76,000,000 Jun 2020 2,397 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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