Property profile

950 Principio Furnace Rd Perryville, MD 21903

OFF-MARKET
Warehouses
Property ID
US40-1418133
50,000 SF 16 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Construction BRICK
Total area 50,000 SF
Lot 16 ac (696,960 SF)
Zoning code L2
APN 07-034393
UPID US40-1418133

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
  • Electrical Substation

Location

950 Principio Furnace Rd Perryville, MD 21903-2440
Perryville metro Census 31202 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.60M
CAP Approach CAP
$4.81M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.47M

Owner & transaction history

since 2022
Last sale
$6.6M
7 recorded transactions
2022
$6.6M
2018
Price N/A
2009
Price N/A
2005
Price N/A
2004
$2.0M
2003
Price N/A
1969
Price N/A

Zoning & alternative use

L2 · Perryville, MD
Top alternative use upside
Office building $9.7M +70.1%
Retail stores $9.5M +66.7%
Commercial (general) $6.3M +11.0%

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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