Property profile

22 Newport Dr Forest Hill, MD 21050

OFF-MARKET
Warehouses
Property ID
US40-0297993
7,000 SF 1.28 ac lot Built 1991
Entity Owned 25-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1991
Construction BRICK
Total area 7,000 SF
Lot 1.28 ac (55,757 SF)
Zoning code CI
APN 03-254941
UPID US40-0297993

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
  • Physician
  • Swimming School
  • Physician
  • Production Facility

Location

22 Newport Dr Forest Hill, MD 21050-1642
Forest Hill metro Census 303201 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
$1.79M
Blend (final) Blend
$785k

Owner & transaction history

since 2001
1 recorded transaction
2001
$695,000

Zoning & alternative use

CI · Forest Hill, MD
Top alternative use upside
Auto repair, garage $2.2M +76.1%
Retail stores $1.7M +40.5%
Commercial (general) $1.6M +29.1%

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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