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Property profile & analytics
FOR LEASE
Distribution centers
400 Old Post Rd Aberdeen, MD 21001
Individually Owned
1-yr Hold
Free & Clear
Property ID
US40-1138241
For Lease
1 / 7
$22,270,000
400 Old Post Rd, Aberdeen, MD 21001
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2001
Construction
BRICK
Total area
346,820 SF
Lot
25.78 ac (1,122,977 SF)
Zoning code
I
APN
02-029162
UPID
US40-1138241
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
-
Mc Cormick #3 Warehouse & Storage
-
Mc Cormick & Co. Inc, Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.27M
Owner & transaction history
State Highway Administration · 1 yrs held
State Highway Administration
since 2025
6 recorded transactions
Zoning & alternative use
I · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$64 / 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
$136,795
Tax year 2022
Assessed value
$13,673,600
Assessed 2023
Previous assessed
$14,727,267
-7.2% YoY
Effective rate
1.00%
On assessed value
Assessed land
$2,465,600
Assessed improvement
$11,208,000
Land market value
$2,465,600
Improvement market value
$11,208,000
Total market value
$13,673,600
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
2001
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
346,820 SF
Lot
25.78 ac (1,122,977 SF)
Zoning code
I
APN
02-029162
UPID
US40-1138241
Jurisdiction
HARFORD
Zoning & alternative use
I · Aberdeen, MD
Zoning I · permitted uses
I · 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
2001
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
25.78 ac
Current owner
From public records · entity-resolved
State Highway Administration
Individual
Free & Clear · 1 yrs held
Mailing address
9700 PATUXENT WOODS DR STE #103, COLUMBIA, MD 21046-2938
Ownership since
2025
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
Mar 7, 2025
—
State Highway Administration
Fr Old Post Road LLC
Deed
related
—
Oct 13, 2015
$61,900,000
Fr Old Post Road LLC
State Of Wi Investment Board
Grant Deed
—
May 10, 2001
$10,801,610
State Of Wisconsin Investment
Old Post II LLC
Grant Deed
—
Feb 16, 2001
—
Old Post II LLC
Aberdeen City (md)
Quit Claim Deed
related
—
Jul 13, 2000
$1,043,400
Old Post II LLC
Umbarger,george S
Trustees Deed
$11,610,000 · Bank Of America
—
—
Old Post II LLC
—
Deed Of Trust
related
$22,645,000 · Bank Of America
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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