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Property profile & analytics
OFF-MARKET
Industrial properties
740 Generals Hwy 1 Millersville, MD 21108-1370
Entity Owned
~
Est. High Equity
Property ID
US40-2372446
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Construction
BRICK
Total area
11,353 SF
Lot
5 ac (217,800 SF)
Zoning code
C4
APN
04-000-00050800
UPID
US40-2372446
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
-
Absolute Design Studio Hardware & Home Improvement Carpet & Flooring Store
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
Generals Hwy Xd LLC
Generals Hwy Xd LLC
since 2025
Last sale
$8.7M
6 recorded transactions
Zoning & alternative use
C4 · Millersville, 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 Millersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millersville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$16,203
Tax year 2023
Assessed value
$1,483,800
Assessed 2023
Previous assessed
$1,483,700
+0.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$890,400
Improvement market value
$593,600
Total market value
$1,484,000
Applied tax rate
4.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Total area
11,353 SF
Lot
5 ac (217,800 SF)
Zoning code
C4
APN
04-000-00050800
UPID
US40-2372446
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C4 · Millersville, MD
Zoning C4 · permitted uses
C4 · Millersville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Millersville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Lot
5 ac
Current owner
From public records · entity-resolved
Generals Hwy Xd LLC
Entity
Mailing address
PO BOX 1635, MILLERSVILLE, MD 21108-4635
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
$8,650,000
Generals Hwy Xd LLC
Benfield Investments LLC
Special Warranty Deed
$6,000,000 · Standard Insurance Co
May 16, 2024
—
Benfield Investments LLC
—
Deed
related
$1,500,000 · Wesbanco Bank INC
Jun 4, 2020
—
Garth Beall
—
Deed
related
$1,250,000 · Wesbanco Bank INC
Nov 1, 2019
—
Benfield Investments LLC
—
Deed
related
$6,700,000 · Old Line Bank
Oct 10, 2013
$4,500,000
Benfield Investments LLC
Nwc Land LLC
Grant Deed
$5,300,000 · Eagle Bank
Jul 26, 2004
$795,000
Nwc Land LLC
Weeks,michael R
Grant Deed
$820,000 · Annapolis Bank & Trust
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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