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    2500 Sparrows Pt Rd Sparrows Point, MD 21219-1726

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    2500 Sparrows Pt Rd Sparrows Point, MD 21219-1726


    • Warehouses
    • 9,366 SF
    • 0.71 lot acres
    Off-Market
    Last Sale May 30, 2024
    $1,522,000
    Property ID
    US40-0757783
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,520,000
    Show details
    Cap Rate Potential
    4.1%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2500 Sparrows Pt Rd

    Construction
    BRICK
    Lot size
    0.71 lot acres
    Property size
    9,366 SF
    Zone code
    BL
    Property type
    Warehouses
    APN
    15-1506570384
    APU
    151506570384

    Description

    This exceptional 43,000-square-foot industrial property, located at 2500 Sparrows Point Road in Sparrows Point, Maryland, 21219, presents a unique opportunity for businesses seeking versatile warehouse, flex, or distribution space. The single-tenant building offers a flexible layout suitable for a variety of uses, making it ideal for vendors, contractors, or businesses requiring substantial storage or logistics capabilities to support local operations or large-scale projects. The property features two loading docks for efficient loading and unloading, ensuring smooth and streamlined operations. Ample on-site parking is available for employees and visitors. The building's classification as a warehouse, flex, and distribution space provides adaptability to meet diverse operational needs. This prime location in Sparrows Point offers convenient access to major transportation routes, enhancing logistical efficiency. The property's size and features make it an attractive option for companies seeking to establish or expand their operations in the area. This is a single-tenant property, offering the benefit of exclusive use and control. The flexible space allows for potential subdivision, catering to businesses with varying space requirements. Interested parties are encouraged to inquire for further details and to schedule a viewing.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,520,000
      ML approach
      $1,520,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,030,000
      6.5%
      $950,000
      7%
      $880,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,438,000
      Market price range: $1.07M - $3.74M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,420,000
      Current use
      OFFICE BUILDING
      $2,220,000
      Change: -8% Conversion: Difficult
      MEDICAL BUILDING
      $2,130,000
      Change: -12% Conversion: Difficult
      RETAIL STORES
      $1,995,000
      Change: -18% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Sparrows Point
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4537
    Latitude
    39.2327
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,305
    $113,600
    $378,200
    $491,800
    -
    $113,600
    $378,200
    $491,800
    More about this property
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