Property profile

1515 Melrose Ln Forest Hill, MD 21050

OFF-MARKET
Warehouses
Property ID
US40-1523197
39,376 SF 3.5 ac lot Built 1974
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Construction BRICK
Total area 39,376 SF
Lot 3.5 ac (152,460 SF)
Zoning code GI
APN 03-194396
UPID US40-1523197

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
  • Factory Production Facility

Location

1515 Melrose Ln Forest Hill, MD 21050
Forest Hill metro Census 303203 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
by Request
Blend (final) Blend
$2.58M

Owner & transaction history

since 2005
3 recorded transactions
2024
Price N/A
2020
Price N/A
2005
$2.6M

Zoning & alternative use

GI · Forest Hill, 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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