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Financial
Distress signals
Property profile

1423 Dorsey Rd Hanover, MD 21076

FOR LEASE
Commercial land
Property ID
US40-1921904
0.74 ac lot Built 1940
Last sale Jan 2022 · $1,425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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1423 Dorsey Rd, Hanover, MD 21076 For Lease
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1423 Dorsey Rd, Hanover, MD 21076
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Property summary

AI-generated overview

This exceptional 3.5-acre commercial land parcel presents a prime development opportunity, ideally situated at the intersection of Arundel Mills Boulevard and Dorsey Road. Zoned C2, this property offers significant potential for a variety of commercial uses, including retail establishments, daycare centers, car washes, and hotels. Its strategic location provides unparalleled access to a high-traffic area, boasting proximity to major thoroughfares and significant consumer draw. The site is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$388k
Assessed land$388k
Effective rate1.09%

Value estimate

· Oct 2026
$1.40M
$1.26M – $1.53M
AI approach$1.36M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$407/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$154 – $797

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?
C2
.). Maximum lot coverage by structures and parking is 75%. Maximum Floor Area Ratio is 1.0. Maximum height is 45 feet based on minimum se...
General categoryCOMMERCIAL
JurisdictionANNE ARUNDEL

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath10.1
Storage Facility10.1
Law Firm10.0

Location

1423 Dorsey Rd Hanover, MD 21076
County assessor Recorded deeds · 1 transfer 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Rdg Trl, Hanover, MD 21076 $2,701,058 Mar 2025 No data
Rdg Trl, Hanover, MD 21076 $1,590,910 Mar 2025 No data
1405 Dorsey, Hanover, MD 21076-1428 $625,000 Mar 2024 784 SF
7134 Rdg, Hanover, MD 21076-1424 $3,750,000 Dec 2023 1,412 SF
1409 Dorsey, Hanover, MD 21076-1428 $625,000 Nov 2023 1,040 SF
7212 Race, Hanover, MD 21076-1157 $25,000 Aug 2022 No data
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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