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    Property profile & analytics

    7225 Standard Dr Hanover, MD 21076-1322

    • Life science properties
    • 62,871 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    $6,370,000
    Last Sale
    Jun 17, 2020
    $5,500,000
    Location Intelligence
    Property ID
    US40-0669141
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Polaris Worldwide Logistics / Shipping Service

    Property Details for 7225 Standard Dr

    Construction
    BRICK
    Lot size
    3.00 lot acres
    Property size
    62,871 SF
    Zone code
    W1
    Property type
    Life science properties
    APN
    05-620-15424950
    APU
    562015424950

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,855,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,290,000
      6.5%
      $5,850,000
      7%
      $5,560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,005,000
      Geo Method
      $6,290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,550,000
      Retail
      $4,445,000
      Mixed-Use
      $4,375,000
      Hospitality
      $5,010,000
      Educational
      $5,780,000
      Residential Income
      $5,070,000
      Energy
      $4,490,000
      Income-Based Land
      $5,180,000
      Food Service
      $4,490,000

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.7258
    Latitude
    39.1777
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $57,282
    $780,000
    $4,465,600
    $5,245,600
    -
    $780,000
    $4,465,600
    $5,245,600

    Comparable in this City

    • Value Estimation
      $4,050,000
      23,145 SF

      7115 Standard Dr

      R&D FACILITY, LABS, PHARMA • 23,145 SF
      7115 Standard Dr, Hanover, MD 21076-1320
      View Details
    • Value Estimation by Request
      312,840 SF

      Dorsey Rd At Airport 100 Way

      Life science properties • 312,840 SF
      0 Dorsey Rd At Airport 100 Way, Hanover, MD 21076
      View Details
    • Value Estimation by Request
      139,424 SF

      7401 Coca Cola Dr

      R&D FACILITY, LABS, PHARMA • 139,424 SF
      7401 Coca Cola Dr, Hanover, MD 21076-1490
      View Details
    • Value Estimation by Request
      8,780 SF

      7141 Rdg Rd

      R&D FACILITY, LABS, PHARMA • 8,780 SF
      7141 Rdg Rd, Hanover, MD 21076
      View Details
    • Value Estimation by Request
      22,550 SF

      7266 Park Cir Dr

      R&D FACILITY, LABS, PHARMA • 22,550 SF
      7266 Park Cir Dr, Hanover, MD 21076-1340
      View Details
    • Value Estimation by Request
      13,434 SF

      7267 Park Cir Dr

      R&D FACILITY, LABS, PHARMA • 13,434 SF
      7267 Park Cir Dr, Hanover, MD 21076-1325
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.00 Acres

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      Prime 5-acre industrial site in Hanover, MD.
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      1.30 Acres

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      1.3-acre industrial lot, prime location.
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      Hanover Land Parcel for Sale

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      Specialty property available for purchase in Hanover, Maryland.
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    Similar Nearby for Lease

    • Contact for pricing
      312,840 SF

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      View Details
    • Contact for pricing
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      Hanover Flex Space - 77,135 SF

      Prime industrial space, 3,750 SF available.
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    • $18 SF/Yr
      10,000 SF

      Hanover MD Warehouse Space

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      19,600 SF

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      Modern property with flexible layouts, ample parking, convenient location.
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    • Contact for pricing
      48,214 SF

      Industrial Space Near BWI Airport

      Industrial property in Techwood Business Park, close to BWI.
      1342 Charwood Rd, Baltimore, MD 21076
      View Details
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    Hanover, MD 21076-1322
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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