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Property profile & analytics
FOR SALE
Warehouses
311 N Union Ave Havre de Grace, MD 21078
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US40-0278493
For Sale
1 / 24
$950,000
311 N Union Ave, Havre de Grace, MD 21078
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
BRICK
Total area
2,500 SF
Lot
0.25 ac (11,000 SF)
Zoning code
RB
APN
06-028969
UPID
US40-0278493
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
-
Office Centre (Bike/Boat/Book/etc) Store
-
tafari Appliance Store Home Appliance Store Hardware & Home Improvement
-
American Carpet & Flooring of Havre de Grace Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$750k
Blend (final)
Blend
$565k
Owner & transaction history
309 North Union Avenue LLC · 25 yrs held
309 North Union Avenue LLC
since 2000
7 recorded transactions
Zoning & alternative use
RB · Havre De Grace, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$780,000
+76.1%
Retail stores
$625,000
+40.5%
Commercial (general)
$575,000
+29.1%
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
WAREHOUSE, STORAGE
$445,000
Current use
AUTO REPAIR, GARAGE
$780,000
Change: +76% · Conversion: Easy
RETAIL STORES
$625,000
Change: +40% · Conversion: Moderate
COMMERCIAL (GENERAL)
$575,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$505,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$226 / 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
$5,609
Tax year 2022
Assessed value
$589,000
Assessed 2023
Previous assessed
$588,400
+0.1% YoY
Effective rate
0.95%
On assessed value
Land market value
$160,000
Improvement market value
$429,600
Total market value
$589,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2005
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
2,500 SF
Lot
0.25 ac (11,000 SF)
Zoning code
RB
APN
06-028969
UPID
US40-0278493
Jurisdiction
HARFORD
Zoning & alternative use
RB · Havre De Grace, MD
Zoning RB · permitted uses
RB · 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
WAREHOUSE, STORAGE Current
Est. value
$445,000
AUTO REPAIR, GARAGE
Est. value
$780,000
RETAIL STORES
Est. value
$625,000
COMMERCIAL (GENERAL)
Est. value
$575,000
OFFICE BUILDING
Est. value
$505,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE 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
2005
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
309 North Union Avenue LLC
Entity
Mailing address
311 N UN AVE, HAVRE DE GRACE, MD 21078-2824
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2000
$154,554
309 North Union Avenue LLC
Gasdia,dominic R & Patricia A
Grant Deed
$220,000 · Newman Trust
—
—
301 North Union Avenue LLC
—
Deed Of Trust
related
$75,000 · Silverstein Brothers Ptshp
—
—
301 North Union Avenue LLC
—
Deed Of Trust
related
$75,000 · Ranalls S Williams
—
—
309 North Union Avenue LLC
—
Deed Of Trust
related
$780,000 · Harford Bank
—
—
309 North Union Avenue LLC
—
Deed Of Trust
related
$100,000 · Harford Bank
—
—
309 North Union Avenue LLC
—
Deed Of Trust
related
$99,882 · Harford Bank
—
—
309 North Union Avenue LLC
—
Deed Of Trust
related
$364,000 · Harford Bank
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?”
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