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    918 Pulaski Hwy Havre de Grace, MD 21078
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    Property profile & analytics

    918 Pulaski Hwy Havre de Grace, MD 21078

    View on Map
    • Auto shops
    • 4,752 SF
    • 2.16 lot acres
    For Lease
    $5,500/Mo
    View Listing →
    Pulaski Highway Commercial Lease Opportunity For Lease
    $5,500/Mo
    4,500 SF

    Pulaski Highway Commercial Lease Opportunity

    Commercial lease opportunity on Pulaski Highway in Havre De Grace.

    918 PULASKI Hwy, Havre De Grace, MD 21078
    View Listing
    Property ID
    US40-2337112
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Millennium Systems International / Industrial Manufacturer / Production Facility

    Property Details for 918 Pulaski Hwy

    Year built
    1996
    Construction
    BRICK
    Lot size
    2.16 lot acres
    Property size
    4,752 SF
    Zone code
    C
    Property type
    Auto shops
    APN
    06-027091
    APU
    6027091

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Havre De Grace
    County
    Harford
    State
    Maryland
    Longitude
    -76.1031
    Latitude
    39.5502
    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
    2022
    $7,009
    $0.00
    $0.00
    $737,667
    -
    $271,400
    $468,700
    $740,100

    Comparable in this City

    • Value Estimation by Request
      962 SF

      613 Revolution St

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    • Value Estimation by Request
      2,408 SF

      911 Pulaski Hwy

      AUTO REPAIR, GARAGE • 2,408 SF
      911 Pulaski Hwy, Havre De Grace, MD 21078-2601
      View Details
    • Value Estimation by Request
      1,872 SF

      1301 Pulaski Hwy

      AUTO REPAIR, GARAGE • 1,872 SF
      1301 Pulaski Hwy, Havre De Grace, MD 21078-2201
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      1,770 SF

      319 Adams St

      AUTO REPAIR, GARAGE • 1,770 SF
      319 Adams St, Havre De Grace, MD 21078-2801
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      1,568 SF

      4038 Chapel Rd

      AUTO REPAIR, GARAGE • 1,568 SF
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    • Value Estimation by Request
      4,896 SF

      3701 Level Vlg Rd

      AUTO REPAIR, GARAGE • 4,896 SF
      3701 Level Vlg Rd, Havre De Grace, MD 21078-1120
      View Details

    Similar Nearby for Sale

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      Auto Shop with Taxi Business

      1,722 SF auto shop with established taxi business.
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    • $689,000
      0.24 Acres

      Operating Seafood Carry-Out For Sale

      Fully operational crab and seafood carry-out in Havre De Grace.
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      Commercial Building on Pulaski Highway

      1,274 SF building on 0.34 acres with ample parking.
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      11,421 SF

      Freestanding Building with Drive-Thru

      11,421 SF building with drive-thru on 2.04 acres.
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      Retail/Bank Building with Drive-Thru

      Prime retail or bank building with drive-thru and signage.
      800 Revolution St, Havre de Grace, MD 21078
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      Harford County Estate with Acreage

      58+ acre Harford County estate with historic farmhouse and modern amenities.
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    Similar Nearby for Lease

    • $5,500 /Mo

      Pulaski Highway Commercial Lease Opportunity

      Commercial lease opportunity on Pulaski Highway in Havre De Grace.
      918 Pulaski Hwy, Havre de Grace, MD 21078
      View Details
    • Contact for pricing

      Retail Space on Pulaski Highway

      Retail space available in Havre de Grace Plaza.
      1014 Pulaski Hwy, Havre de Grace, MD 21078
      View Details
    • $600 /Mo
      5,401 SF

      Downtown Havre de Grace Offices

      Office spaces available for lease in downtown Havre de Grace.
      224 N Washington St, Havre de Grace, MD 21078
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    • Contact for pricing
      2,007 SF

      Retail Space in Harbor Shops

      1,819 SF retail suite available in Havre De Grace.
      1005-1045 Pulaski Hwy, Havre de Grace, MD 21078
      View Details
    • Contact for pricing
      23,318 SF

      Retail Space in Havre de Grace

      Retail space available in a newly renovated shopping center.
      1024 Pulaski Hwy, Havre de Grace, MD 21078
      View Details
    • Contact for pricing
      1,656 SF

      Retail Space on Pulaski Highway

      Retail space with strong visibility on Pulaski Highway.
      2015-2021 Pulaski Hwy, Havre de Grace, MD 21078
      View Details

    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      402
    • Avg Time on site
      812 min
    View Listing
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    Havre de Grace, MD 21078
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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