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Property profile & analytics
FOR LEASE
Distribution centers
4801 Hollins Ferry Rd, Halethorpe, MD 21227
Entity Owned
3-yr Hold
Free & Clear
Property ID
US40-0919792
For Lease
$40,755,000
4801 Hollins Ferry Rd, Halethorpe, MD 21227
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2008
Total area
283,178 SF
Lot
15.84 ac (689,860 SF)
Zoning code
MH-IM
APN
13-2500003975
UPID
US40-0919792
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
-
ADU DOCKS Warehouse & Storage
-
Ferguson Fire & Fabrication Production Facility Building Supply
-
ADU - Corporate Office, Warehouse, & Outlet Center Home Appliance Store Hardware & Home Improvement
-
FedEx SmartPost Trucking Company
-
FEDEX GROUND Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.69M
Comparable Approach
Comparable
$30.15M
Blend (final)
Blend
$40.76M
Owner & transaction history
4801 Hollins Ferry Road LLC · 3 yrs held
4801 Hollins Ferry Road LLC
since 2022
Last sale
$55.8M
4 recorded transactions
Zoning & alternative use
MH-IM · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$65.3M
+51.7%
Restaurant
$64.4M
+49.5%
Office building
$58.2M
+35.0%
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 Halethorpe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Halethorpe 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
$54,620,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$31,085,000
6.5%
$28,690,000
7%
$26,645,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$43,075,000
Current use
AUTO REPAIR, GARAGE
$65,340,000
Change: +52% · Conversion: Easy
RESTAURANT
$64,395,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$58,155,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$51,860,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$44,910,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$41,150,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$39,445,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$40.76M
Range $36.68M – $44.83M · ±10% · vs last sale $55.75M (Sep 21 2022)
Last sale anchor
$55.75M
Sep 21 2022
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
$144 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$215,865
Tax year 2023
Assessed value
$17,501,467
Assessed 2023
Previous assessed
$16,107,800
+8.7% YoY
Effective rate
1.23%
On assessed value
Land market value
$3,670,100
Improvement market value
$16,618,700
Total market value
$20,288,800
Applied tax rate
13.0000
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
2008
Heating
SPACE
Stories
1
Units
1
Total area
283,178 SF
Lot
15.84 ac (689,860 SF)
Zoning code
MH-IM
APN
13-2500003975
UPID
US40-0919792
Jurisdiction
BALTIMORE
Zoning & alternative use
MH-IM · Baltimore, MD
Zoning MH-IM · permitted uses
MH-IM · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Baltimore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$43.1M
AUTO REPAIR, GARAGE
Est. value
$65.3M
RESTAURANT
Est. value
$64.4M
OFFICE BUILDING
Est. value
$58.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$51.9M
COMMERCIAL (GENERAL)
Est. value
$44.9M
MEDICAL BUILDING
Est. value
$41.2M
RETAIL STORES
Est. value
$39.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
2008
Heating
SPACE
Stories
1
Units
1
Lot
15.84 ac
Current owner
From public records · entity-resolved
4801 Hollins Ferry Road LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2022
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
Jan 11, 2023
—
4801 Hollins Ferry Road LLC
—
Deed
related
$150,000,000 · Wells Fargo Bank NA
Sep 21, 2022
$55,750,000
4801 Hollins Ferry Road LLC
Mp Hollins Ferry LLC
Special Warranty Deed
—
Jun 10, 2014
$22,200,000
Mp Hollins Ferry LLC
Mlq-eld LLC
Grant Deed
—
Jun 25, 2013
$13,000,000
Mlq-eld LLC
Preston Jakarta-hfr LLC
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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