Financial
Distress signals
Property profile

501 Mccormick Dr Glen Burnie, MD 21061

OFF-MARKET
Other warehouses
Property ID
US40-0939159
52,520 SF 6.38 ac lot Built 2001
Last sale Jun 2000
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial space totaling 7,560 square feet, configured for coworking and office use. It is located at 501 McCormick Dr in Glen Burnie, Maryland 21061.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$55k
Tax billed · 2023
Assessed value$5.00M
Effective rate1.09%

Value estimate

· Sep 2026
$10.96M
$9.86M – $12.06M
Submarket $/SF estimate$12.62M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$333/SF
County average, outlier-cleaned · 92 recorded sales of this use type
Observed band · Q1–Q3$152 – $551
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
W1
W1 - Industrial Park District This District is generally for those “clean” industrial uses with minimal nuisance characteristics in a lan...
General categoryINDUSTRIAL
JurisdictionANNE ARUNDEL

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Plumbing Service8.9
Furniture Store8.7

Location

501 Mccormick Dr Glen Burnie, MD 21061-8205
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
151 8th NW, Glen Burnie, MD 21061-2825 $3,600,000 Dec 2025 15,740 SF
1041 Dorsey, Glen Burnie, MD 21061-3208 $1,675,000 Jul 2025 3,528 SF
538 Queenstown, Glen Burnie, MD 21061-1310 $262,500 Jul 2025 No data
701 Crain N, Glen Burnie, MD 21061-3045 $550,000 Apr 2024 678 SF
149 8th NW, Glen Burnie, MD 21061 $1,600,000 Jun 2023 5,062 SF
516 Crain N, Glen Burnie, MD 21061-3037 $400,000 May 2023 961 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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