Property profile

1415 Magellan Rd Hanover, MD 21076

OFF-MARKET
Warehouses
Property ID
US40-0970223
309,790 SF 17.56 ac lot Built 2005
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2005
Total area 309,790 SF
Lot 17.56 ac (764,914 SF)
Zoning code W1
APN 05-000-15149400
UPID US40-0970223

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
  • Warehouse & Storage

Location

1415 Magellan Rd Hanover, MD 21076-1757
Hanover metro Census 751200 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$28.42M
Blend (final) Blend
$23.49M

Owner & transaction history

since 2004
6 recorded transactions
2004
Price N/A
2001
$86,300
2001
$207,400
2001
$91,600
2001
$580,200
2001
$34,500

Zoning & alternative use

W1 · Hanover, 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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