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    Property profile & analytics
    OFF-MARKET Estimated value $3,650,000
    Warehouses

    1503 Rock Spg Rd, Forest Hill, MD 21050-2833

    16,157 SF 4.21 ac lot Built 1977
    Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US40-1402074
    Property summary
    AI-generated overview

    This exceptional 13,546-square-foot refrigerated warehouse/cold storage facility in Harford County is perfectly suited for various distribution and storage needs. The space is currently vacant and available for immediate occupancy as a single-tenant property. Located at 1503 Rock Spring Road, this property offers convenient access via a signalized intersection onto Rock Spring Road, providing easy access to major transportation routes and numerous nearby amenities. The warehouse features a 10-foot ceiling height, making it suitable for a range of storage configurations. Loading and unloading are facilitated by a recessed dock and an overhead door designed to accommodate tractor-trailer access. The space is situated below an existing furniture showroom, offering an above-grade lower level. This unique location also presents the opportunity for prominent pylon signage, enhancing visibility and brand recognition. The property's classification as retail, industrial, and specifically as refrigerated/cold storage, warehouse, and distribution, makes it a versatile option for businesses requiring temperature-controlled storage and efficient distribution capabilities. The entire 13,546 square feet is available for lease.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1977
    Construction BRICK
    Total area 16,157 SF
    Lot 4.21 ac (183,388 SF)
    Zoning code B2
    APN 03-033384
    UPID US40-1402074
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Gavigan's Furniture Furniture & Home Goods Home Decor Store
    • Rehab Progress Red-Eye Addiction Feast Alcoholism Treatment Center Social Service Agency Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.85M
    Blend (final) Blend
    $3.65M
    Owner & transaction history
    1503 Rock Spring LLC · 14 yrs held
    1503 Rock Spring LLC
    since 2012
    4 recorded transactions
    2025
    2016
    2012
    $4.3M
    1969
    Zoning & alternative use
    B2 · Forest Hill, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $5.6M +96.8%
    Auto repair, garage $5.1M +76.1%
    Retail stores $4.0M +40.5%
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