Property profile

8520 Corridor Rd Savage, MD 20763

OFF-MARKET
Industrial properties
Property ID
US40-1428465
50,142 SF 4.41 ac lot Built 1985
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL PARK
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 50,142 SF
Lot 4.41 ac (192,100 SF)
Zoning code M2
APN 06-486711
UPID US40-1428465

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
  • Marketing & Advertising Advertising Agency
  • Big Box & Wholesale Store Cosmetic Store
  • General Contractor
  • Physician
  • Garden Center

Location

8520 Corridor Rd Savage, MD 20763-9506
Savage metro Census 606905 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.80M
Comparable Approach Comparable
$7.12M
Blend (final) Blend
$7.11M

Owner & transaction history

since 2021
Last sale
$9.0M
5 recorded transactions
2022
Price N/A
2021
$9.0M
2019
$5.2M
2011
Price N/A
1997
Price N/A

Zoning & alternative use

M2 · Savage, MD
Top alternative use upside
Commercial (general) $11.9M +73.8%
Warehouse, storage $9.2M +33.3%
Office building $8.4M +22.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8520 Corridor Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message