Property profile

1232 Philadelphia Blvd Aberdeen, MD 21001

OFF-MARKET
Commercial land
Property ID
US40-1314618
2.48 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This Aberdeen, MD industrial property offers 3,000 square feet of secure outdoor storage space, ideal for various uses including vehicles, equipment, and materials. Located on South Philadelphia Boulevard (Route 40), this easily accessible site is minutes from I-95 and the Bel Air Auto Auction. The property features a fenced and secure lot with 8-foot high fencing, twenty-foot wide double gates for convenient access, and security cameras for enhanced safety. Well-lit for nighttime visibility, this lot is suitable for cars, trucks (excluding tractor-trailers), vans, RVs, campers, boats, motorcycles, recreational vehicles, sea containers, and construction materials/equipment. Smaller lots can accommodate 10-15 vehicles. Custom lot sizes are available to meet individual needs. The property is classified as industrial, land, and special purpose, with multiple tenancy options. This prime location in the Aberdeen submarket provides excellent access to major transportation routes, making it an attractive option for businesses requiring secure outdoor storage solutions. The property is part of the Aberdeen Business Center.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.48 ac (108,029 SF)
Zoning code CI
APN 02-065932
UPID US40-1314618

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

1232 Philadelphia Blvd Aberdeen, MD 21001-3951
Aberdeen metro Census 302400 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.97M

Owner & transaction history

since 2021
Last sale
$5.2M
7 recorded transactions
2021
$5.2M
2019
Price N/A
2010
$4.5M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CI · Aberdeen, MD

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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