Property profile

124 Greenmount Rd Rising Sun, MD 21911

OFF-MARKET
Industrial properties
Property ID
US40-1344996
8,400 SF 7.97 ac lot Built 2002
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 124 Greenmount Road in Rising Sun, Maryland, offers two warehouse buildings totaling 23,500 square feet. Currently, both buildings are vacant, with one immediately available and the other ready for occupancy by the end of December 2024. Each building offers a minimum of 10,500 square feet and a maximum contiguous space of 13,000 square feet, allowing for flexibility in tenant needs. The property is zoned BG - Business General and features convenient access to Route 1, placing it strategically near the Maryland/Pennsylvania state line, providing easy access to Harford County, Maryland, Pennsylvania, and Delaware. The property sits on a 2.75-acre lot and includes one dock-high door and three drive-in doors. The buildings are classified as Class C and are suitable for various industrial or retail uses. The property is conveniently located in Cecil County, Maryland, with the address 124 Greenmount Rd, Rising Sun, MD 21911. The buildings can be leased individually or together, presenting a unique opportunity for businesses seeking versatile warehouse space in a prime location. The APN is 0806043771.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2002
Construction BRICK
Total area 8,400 SF
Lot 7.97 ac (347,173 SF)
Zoning code BG
APN 06-043771
UPID US40-1344996

Cap rate & NOI

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

Location

124 Greenmount Rd Rising Sun, MD 21911-1958
Rising Sun metro Census 31302 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.45M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$1.35M

Owner & transaction history

since 2020
Last sale
$1.3M
6 recorded transactions
2020
$1.3M
2018
Price N/A
2011
$478,434
2001
$287,590
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BG · Rising Sun, MD
Top alternative use upside
Office building $1.3M +12.9%
Commercial (general) $1.1M +1.5%

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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