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Property profile & analytics
OFF-MARKET
Estimated value
$5,580,000
Manufacturing properties
1850 Clark Rd Havre De Grace, MD 21078-4000
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US40-0752048
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2002
Construction
BRICK
Total area
78,944 SF
Lot
18.78 ac (818,057 SF)
Zoning code
GI
APN
06-059775
UPID
US40-0752048
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
-
Dunlop Protective Footwear USA, LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.58M
Blend (final)
Blend
$5.58M
Owner & transaction history
Arc Oghdgmd001 LLC · 11 yrs held
Arc Oghdgmd001 LLC
since 2014
4 recorded transactions
Zoning & alternative use
GI · Havre De Grace, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$6.7M
+30.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Havre De Grace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Havre De Grace submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,135,000
Current use
WAREHOUSE, STORAGE
$6,700,000
Change: +30% · Conversion: Easy
MEDICAL BUILDING
$5,135,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$5.58M
Range $5.02M – $6.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$71 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$73,069
Tax year 2022
Assessed value
$7,815,800
Assessed 2023
Previous assessed
$7,664,800
+2.0% YoY
Effective rate
0.93%
On assessed value
Land market value
$976,200
Improvement market value
$6,990,600
Total market value
$7,966,800
Applied tax rate
600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2002
Construction
BRICK
Heating
SPACE
Cooling
YES
Stories
1
Units
3
Total area
78,944 SF
Lot
18.78 ac (818,057 SF)
Zoning code
GI
APN
06-059775
UPID
US40-0752048
Jurisdiction
HARFORD
Zoning & alternative use
GI · Havre De Grace, MD
Zoning GI · permitted uses
GI · Havre De Grace, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Havre De Grace. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.1M
WAREHOUSE, STORAGE
Est. value
$6.7M
MEDICAL BUILDING
Est. value
$5.1M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
3
Lot
18.78 ac
Current owner
From public records · entity-resolved
Arc Oghdgmd001 LLC
Entity
Mailing address
38 WASHINGTON SQ, NEWPORT, RI 02840-2946
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2024
—
Arc Oghdgmd001 LLC
—
Deed
related
$237,000,000 · Key Bank NA
Nov 12, 2014
$10,800,000
Arc Oghdgmd001 LLC
1850 Clark Road LLC
Grant Deed
—
Jan 11, 2012
$5,636,107
Onguard Properties LLC
Clark Road LLC
Deed
—
Nov 16, 2001
$770,000
Clark Road LLC
Blc Properties INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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