Property profile

1430 Progress Way Eldersburg, MD 21784

OFF-MARKET
Industrial properties
Property ID
US40-1851074
67,980 SF 8.06 ac lot Built 1991
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Eldersburg, Maryland property, located at 1430 Progress Way, zip code 21784, offers 68,200 square feet of prime office, industrial, and flex space. Currently, 19,300 square feet is available for lease, divisible into units ranging from 3,000 to 9,300 contiguous square feet. The building features a desirable mix of uses, perfect for a variety of businesses. High ceilings at 20 feet provide ample vertical space, while two loading docks and one drive-in bay ensure efficient loading and unloading. Ample parking is provided with 240 spaces available for tenants and their clients. The property is zoned IR and situated in the Carroll County Ind submarket of Carroll County. This multi-tenant building presents a unique opportunity for businesses seeking flexible and functional space in a convenient location. The property's strategic location in Eldersburg offers easy access to major transportation routes, making it an ideal choice for companies needing convenient access to regional markets. The available space is ready for immediate occupancy, providing a seamless transition for businesses looking to expand or relocate. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL PARK
Year built 1991
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 67,980 SF
Lot 8.06 ac (351,181 SF)
Zoning code I-1
APN 05-431307
UPID US40-1851074

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
  • Medical Clinic
  • Auto Parts Store
  • Medical Clinic
  • Physician
  • Physician

Location

1430 Progress Way Eldersburg, MD 21784-6429
Eldersburg metro Census 505102 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
$7.98M
Blend (final) Blend
$5.98M

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

I-1 · Eldersburg, 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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