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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Industrial properties
7410 Coca Cola Dr Ste 101, Hanover, MD 21076-1766
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-0919649
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2006
Total area
4,580 SF
Lot
1.6 ac (69,696 SF)
Zoning code
M2
APN
01-305700
UPID
US40-0919649
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
$390k
Comparable Approach
Comparable
$517k
Blend (final)
Blend
$520k
Owner & transaction history
The Gagnier Group LLC · 4 yrs held
The Gagnier Group LLC
since 2021
Last sale
$660,000
2 recorded transactions
Zoning & alternative use
M2 · Hanover, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$840,000
+67.4%
Warehouse, storage
$695,000
+39.0%
Medical building
$665,000
+32.8%
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 Hanover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanover 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
$520,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
$420,000
6.5%
$390,000
7%
$360,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$500,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$840,000
Change: +67% · Conversion: Difficult
WAREHOUSE, STORAGE
$695,000
Change: +39% · Conversion: Easy
MEDICAL BUILDING
$665,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$640,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $660k (Jul 23 2021)
Last sale anchor
$660k
Jul 23 2021
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
$114 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,691
Tax year 2022
Assessed value
$572,500
Assessed 2023
Previous assessed
$683,000
-16.2% YoY
Effective rate
1.34%
On assessed value
Assessed land
$229,000
Assessed improvement
$343,500
Land market value
$229,000
Improvement market value
$343,500
Total market value
$572,500
Applied tax rate
1.0000
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
Year built
2006
Heating
NONE
Units
1
Total area
4,580 SF
Lot
1.6 ac (69,696 SF)
Zoning code
M2
APN
01-305700
UPID
US40-0919649
Jurisdiction
HOWARD
Zoning & alternative use
M2 · Hanover, MD
Zoning M2 · permitted uses
M2 · Hanover, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$500,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$840,000
WAREHOUSE, STORAGE
Est. value
$695,000
MEDICAL BUILDING
Est. value
$665,000
RETAIL STORES
Est. value
$640,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Units
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
The Gagnier Group LLC
Entity
Mailing address
7410 COCA COLA DR STE #101, HANOVER, MD 21076-1766
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jul 23, 2021
$660,000
The Gagnier Group LLC
7410 Coca Cola Drive Unit 101 LLC
Deed
—
—
—
7410 Coca Cola Drive Unit 101
—
Deed Of Trust
related
$528,000 · Capital One
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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