Property profile

520 Mccormick Dr Glen Burnie, MD 21061

OFF-MARKET
Other industrial properties
Property ID
US40-1158844
49,860 SF 7.88 ac lot Built 2000
Entity Owned 27-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The International Trade Center is a flex and R&D business complex in an approximately 93-acre Anne Arundel County community, located off Maryland Routes 176 and 100 with access to I-95, I-97, the Baltimore-Washington Parkway (MD Route 295), and MD Route 1, and positioned about 2 miles from BWI Airport. The building is constructed with brick on block. The space is configured as an open warehouse with two drive-in doors and one 10' x 12' dock door, with clear ceiling heights ranging from 16 to 18 feet minimum. Parking is available at a ratio of 4 spaces per 1,000 square feet. The property is zoned W-1 and has a stated size of 2,400 square feet.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 2000
Construction BRICK
Total area 49,860 SF
Lot 7.88 ac (343,035 SF)
Zoning code W1
APN 05-414-90058865
UPID US40-1158844

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
  • Construction Company General Contractor
  • Roofing Company General Contractor
  • General Contractor
  • Construction Company
  • Security Service

Location

520 Mccormick Dr Glen Burnie, MD 21061-3284
Glen Burnie metro Census 751400 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
$17.64M
Blend (final) Blend
$12.62M

Owner & transaction history

since 1999
4 recorded transactions
2023
Price N/A
1999
Price N/A
1998
$1.2M
1969
Price N/A

Zoning & alternative use

W1 · Glen Burnie, 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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