Property profile

7545 Teague Rd Hanover, MD 21076

OFF-MARKET
Hotels
Property ID
US40-1482347
53,525 SF 1.61 ac lot Built 2016
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2016
Total area 53,525 SF
Lot 1.61 ac (69,914 SF)
Zoning code C2
APN 04-000-90003025
UPID US40-1482347

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
  • Hotel & Motel

Location

7545 Teague Rd Hanover, MD 21076-2107
Hanover metro Census 740103 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.83M
Blend (final) Blend
$9.42M

Owner & transaction history

since 2015
7 recorded transactions
2015
$1.6M
2006
$2.5M
2005
$543,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Hanover, MD
Top alternative use upside
Auto repair, garage $12.4M +49.7%
Restaurant $12.2M +47.5%
Office building $11.0M +33.2%

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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