Property profile

1425 Magellan Rd Hanover, MD 21076

OFF-MARKET
Warehouses
Property ID
US40-0917812
266,621 SF 18.96 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 266,621 SF
Lot 18.96 ac (825,898 SF)
Zoning code W1
APN 05-000-90212931
UPID US40-0917812

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
  • Big Box & Wholesale Store
  • Logistics Company Freight Service

Location

1425 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
$25.72M
Blend (final) Blend
$21.26M

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

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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