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Property profile & analytics
OFF-MARKET
Estimated value
$10,390,000
Warehouses
717 Hammonds Fry Rd Linthicum Hts, MD 21090-1319
Entity Owned
28-yr Hold
Free & Clear
Property ID
US40-0653793
Property summary
AI-generated overview
This exceptional industrial property, located at 717 Hammonds Ferry Road in Linthicum Heights, Maryland, offers 15,675 square feet of immediately available flex space within the Nursery Road Business Center 1. The property consists of two single-story buildings totaling 121,786 square feet, with ample parking for 328 vehicles. This particular space is part of a larger multi-tenant building, offering convenient access and shared amenities. The unit boasts a 21-foot ceiling height, ideal for various industrial uses. Loading and unloading are facilitated by one drive-in door and three dock-high doors, along with one loading dock. The property is zoned W-1-B and situated in the BWI/North Linthicum Industrial submarket of Anne Arundel County, providing excellent access to major transportation routes. Electrical service includes 120/208 Volt, 3-phase, 4-wire power. This prime location offers a strategic advantage for businesses seeking efficient warehouse, distribution, or flex space in a thriving industrial area. The property is ready for immediate occupancy. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Construction
BRICK
Total area
96,093 SF
Lot
14.08 ac (613,325 SF)
Zoning code
W1
APN
05-000-12063700
UPID
US40-0653793
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
-
ProFast, Inc. Big Box & Wholesale Store Construction Company
-
Components & Distribution Inc Distribution Center Logistics Company
-
Merritt Properties - Nursery Road Business Center 1 Real Estate Agency
-
Kenco Toyota-Lift Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Windowpro LLC Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.74M
Comparable Approach
Comparable
$10.34M
Blend (final)
Blend
$10.39M
Owner & transaction history
Merritt,& Na1 LLC · 28 yrs held
Merritt,& Na1 LLC
since 1997
2 recorded transactions
Zoning & alternative use
W1 · Linthicum Hts, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Linthicum Hts submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linthicum Hts 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,550,000
6.5%
$9,735,000
7%
$9,040,000
Blend value · Realmo final
$10.39M
Range $9.35M – $11.43M · ±10%
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
$108 / 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
$146,102
Tax year 2023
Assessed value
$13,379,300
Assessed 2023
Previous assessed
$13,379,300
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,253,600
Assessed improvement
$10,125,700
Land market value
$3,253,600
Improvement market value
$10,125,700
Total market value
$13,379,300
Applied tax rate
5.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
4
Total area
96,093 SF
Lot
14.08 ac (613,325 SF)
Zoning code
W1
APN
05-000-12063700
UPID
US40-0653793
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W1 · Linthicum Hts, MD
Zoning W1 · permitted uses
W1 · Linthicum Hts, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Linthicum Hts. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
4
Lot
14.08 ac
Current owner
From public records · entity-resolved
Merritt,& Na1 LLC
Entity
Free & Clear · 28 yrs held
Mailing address
2066 LORD BALTIMORE DR, BALTIMORE, MD 21244-2501
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 1997
—
Merritt,& Na1 LLC
Nursery Associat
Grant Deed
related
—
—
—
Merritt-na1 LLC
—
Deed Of Trust
related
$50,000,000 · Miscellaneous Ins Co
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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