Property profile

47 Loveton Cir Sparks, MD 21152

FOR LEASE
Industrial properties
Property ID
US40-2130162
78,240 SF 12.07 ac lot Built 2000
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Loveton Business Park, located at 47 & 53 Loveton Circle in Sparks Glencoe, Maryland, 21152, offers a diverse range of flexible and R&D spaces for lease. This 130,000 square foot industrial property sits on a 15-acre lot and features twelve individual suites, with a minimum divisible space of 1,061 square feet and a maximum contiguous space of 18,925 square feet. Currently, 71,651 square feet are available. The building boasts flexible ceiling heights, ranging from 16 feet clear in the flex space to 9 feet clear in the office areas. Ample parking is provided, with a ratio of 4-5 spaces per 1,000 square feet. The property is zoned ML and is conveniently located off York Road, providing easy access to I-83 and the Baltimore Beltway (I-695). This prime location offers quick commutes to Timonium, Towson, and downtown Baltimore, as well as convenient access to northern markets including Harrisburg and York, Pennsylvania. The property is ideal for businesses seeking modern, adaptable space in a thriving Baltimore County business community.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2000
Total area 78,240 SF
Lot 12.07 ac (525,900 SF)
Zoning code ML
APN 08-2500015255
UPID US40-2130162

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
  • Production Facility
  • Gym & Fitness Center
  • Corporate Office
  • Daycare Center
  • Textile Manufacturer

Location

47 Loveton Cir Sparks, MD 21152
Sparks metro Census 408100 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.47M
Blend (final) Blend
$6.64M

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2019
Price N/A

Zoning & alternative use

ML · Sparks, MD

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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More about this property
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