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Property profile & analytics
OFF-MARKET
Estimated value
$1,875,000
Warehouses
400 Hickory Dr, Aberdeen, MD 21001-3644
Entity Owned
22-yr Hold
Free & Clear
Property ID
US40-1238295
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
19,800 SF
Lot
8.73 ac (380,279 SF)
Zoning code
M1
APN
02-095955
UPID
US40-1238295
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
-
Benfield Electric Co Inc Electrical Service General Contractor
-
Spectra Tech, LLC General Contractor
-
Scientific Research Corporation Business Management Consultant
-
Data Matrix Solutions Inc Employment Agency
-
Torch Technologies Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.25M
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$1.88M
Owner & transaction history
Catellus Land & Dev Corp · 22 yrs held
Catellus Land & Dev Corp
since 2004
4 recorded transactions
Zoning & alternative use
M1 · Aberdeen, 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 Aberdeen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aberdeen 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%
$2,435,000
6.5%
$2,250,000
7%
$2,090,000
Blend value · Realmo final
$1.88M
Range $1.69M – $2.06M · ±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
$95 / 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
$61,290
Tax year 2022
Assessed value
$6,429,200
Assessed 2023
Previous assessed
$6,429,200
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$920,000
Assessed improvement
$5,509,200
Land market value
$920,000
Improvement market value
$5,509,200
Total market value
$6,429,200
Applied tax rate
200.0000
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
Off-Market
Year built
2006
Heating
SPACE
Cooling
YES
Buildings
2
Stories
4
Units
3
Total area
19,800 SF
Lot
8.73 ac (380,279 SF)
Zoning code
M1
APN
02-095955
UPID
US40-1238295
Jurisdiction
HARFORD
Zoning & alternative use
M1 · Aberdeen, MD
Zoning M1 · permitted uses
M1 · Aberdeen, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aberdeen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
SPACE
Cooling
Yes
Stories
4
Buildings
2
Units
3
Lot
8.73 ac
Current owner
From public records · entity-resolved
Catellus Land & Dev Corp
Entity
Free & Clear · 22 yrs held
Mailing address
400 HICKORY DR STE #200, ABERDEEN, MD 21001-3641
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
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
Oct 10, 2018
—
400 Hickory Road LLC
—
Deed
related
$4,500,000 · First National Bank Of Pennsylvania
Jan 21, 2004
—
Catellus Land & Dev Corp
Catellus Operating
Quit Claim Deed
related
—
Jan 11, 2002
$27,650
Catellus Development Corp
Teachers Insurance & Annuity
Grant Deed
—
—
—
400 Hickory Road LLC
—
Deed Of Trust
related
$5,748,817 · Susquehanna Bk
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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