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Property profile & analytics
FOR SALE
Retail space

4840 Crain Hwy White Plains, MD 20695

1,500 SF 26.56 ac lot Built 1984
Trust Owned 13-yr Hold ~ Est. High Equity
Property ID
US40-0819070
Property summary
AI-generated overview

This exceptional industrial property, located at 4840 Crain Highway in White Plains, Maryland, presents a significant investment opportunity. The 11,500 square foot warehouse boasts a 26-foot ceiling height, providing ample storage space. The building features two convenient drive-in doors for easy loading and unloading. In addition to the warehouse space, there is approximately 2,000 square feet of office space, ideal for administrative functions. The property sits on a substantial 26.56-acre lot, offering significant outdoor storage potential. The expansive lot is already cleared and graded, providing immediate usability for various storage or operational needs. A paved parking lot ensures convenient vehicle access and parking. The property is zoned I-G, allowing for a variety of industrial uses. Its strategic location just south of Waldorf on Route 301, Southern Maryland's main thoroughfare, provides excellent accessibility and visibility. The asking price for this substantial industrial property is $8,000,000. This is a rare opportunity to acquire a large, well-located industrial property with significant expansion potential. The combination of warehouse space, office space, and extensive outdoor storage makes this an ideal property for a variety of businesses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction STEEL FRAME
Total area 1,500 SF
Lot 26.56 ac (1,157,128 SF)
Zoning code IG
APN 06-134734
UPID US40-0819070
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
  • IAA- Insurance Auto Auctions Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Meinhardt W M SR Living Trust · 13 yrs held
Meinhardt W M SR Living Trust
since 2013
1 recorded transaction
2013
$1.5M
Zoning & alternative use
IG · White Plains, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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