New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,530,000
Industrial properties
216 Earls Rd, Middle River, MD 21220-1612
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-0634838
Property summary
AI-generated overview
This exceptional 10-acre industrial property, located at 216 Earls Rd in Middle River, Baltimore County, Maryland (zip code 21220), presents a compelling investment opportunity. The property boasts MH-IM (Heavy Industrial) zoning, making it ideally suited for a variety of uses. The site itself is level, fully fenced, and well-lit, offering significant advantages for operations. A long-term lease is currently in place, providing immediate and consistent income potential. Its location in East Baltimore County's established industrial area ensures excellent access to transportation networks and a skilled workforce. The property's size and zoning make it particularly well-suited for fleet parking or contractor operations. Detailed financial information and further specifics are available upon request. This is a rare opportunity to acquire a substantial, well-maintained industrial property in a prime location. Contact us today to learn more about this exceptional offering and explore its potential.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
10 ac (435,600 SF)
Zoning code
MH
APN
15-1519480153
UPID
US40-0634838
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.53M
Owner & transaction history
216 Earls Road Industrial LLC · 3 yrs held
216 Earls Road Industrial LLC
since 2022
Last sale
$4.3M
6 recorded transactions
Zoning & alternative use
MH · Middle River, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Middle River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middle River 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
$5,075,000
ML approach
$4,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.53M
Range $4.08M – $4.98M · ±10% · vs last sale $4.25M (Jul 26 2022)
Last sale anchor
$4.25M
Jul 26 2022
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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,760
Tax year 2023
Assessed value
$620,400
Assessed 2023
Previous assessed
$619,467
+0.2% YoY
Effective rate
0.61%
On assessed value
Assessed land
$600,000
Assessed improvement
$20,400
Land market value
$600,000
Improvement market value
$20,400
Total market value
$620,400
Applied tax rate
15.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
10 ac (435,600 SF)
Zoning code
MH
APN
15-1519480153
UPID
US40-0634838
Jurisdiction
BALTIMORE
Zoning & alternative use
MH · Middle River, MD
Zoning MH · permitted uses
MH · Middle River, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middle River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
10 ac
Current owner
From public records · entity-resolved
216 Earls Road Industrial LLC
Entity
Mailing address
28 18TH STEINWAY ST, ASTORIA, NY 11103
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
—
216 Earls Road Industrial LLC
—
Deed
related
$181,003,100 · Axos Bank
Dec 13, 2022
—
216 Earls Road Industrial LLC
—
Deed
related
$2,125,000 · We Scrap It 141 LLC
Jul 26, 2022
$4,250,000
216 Earls Road Industrial LLC
We Scrap It 141 LLC
Deed
$2,125,000 · We Scrap It 141 LLC
Jun 26, 2014
—
R & Sp LLC
Chase Auto Recyclers INC
Grant Deed
—
Jun 26, 2014
$370,000
We Scrap It 141 LLC
R & Sp LLC
Grant Deed
—
Jan 17, 2006
$150,000
R & Sp LLC
Chase Auto Recyclers 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 216 Earls Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
