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    Havre De Havre de Grace, MD 21078
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    Property profile & analytics

    Havre De Havre de Grace, MD 21078

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    • Warehouses
    • 9,375 SF
    • 4.10 lot acres
    For Lease
    $1,830,000
    View Listing →
    28,275 SF Retail Space Available For Lease
    $1,830,000
    28,275 SF

    28,275 SF Retail Space Available

    Prime retail location in historic Havre De Grace, Maryland.

    2121 Pulaski Hwy, Havre De Grace, MD 21078
    View Listing
    Property ID
    US40-0650266
    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

    • Ryan Furniture CO / Furniture & Home Goods / Home Decor Store

    Property Details for Havre De

    Year built
    1984
    Construction
    BRICK
    Lot size
    4.10 lot acres
    Property size
    9,375 SF
    Zone code
    CI
    Property type
    Warehouses
    APN
    06-007058
    APU
    6007058

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,472,000
      Market price range: $1.06M - $2.81M
      AI Estimate
      $1,182,000
      Market price range: $243k - $1.42M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,665,000
      Current use
      AUTO REPAIR, GARAGE
      $2,930,000
      Change: +76% Conversion: Easy
      RETAIL STORES
      $2,340,000
      Change: +40% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,150,000
      Change: +29% Conversion: Difficult
      OFFICE BUILDING
      $1,895,000
      Change: +14% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Havre De Grace
    County
    Harford
    State
    Maryland
    Longitude
    -76.1331
    Latitude
    39.5278
    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
    $15,152
    $0.00
    $0.00
    $1,396,900
    -
    $443,200
    $960,400
    $1,403,600

    Comparable in this City

    • Value Estimation
      $815,000
      3,600 SF

      1611 Pulaski Hwy

      MINI-WAREHOUSE, STORAGE • 3,600 SF
      1611 Pulaski Hwy, Havre De Grace, MD 21078-2205
      View Details
    • Value Estimation by Request
      1,240 SF

      209 Centennial Ln

      WAREHOUSE, STORAGE • 1,240 SF
      209 Centennial Ln, Havre De Grace, MD 21078
      View Details
    • Value Estimation
      $13,865,000
      184,116 SF

      1840 Clark Rd

      WAREHOUSE, STORAGE • 184,116 SF
      1840 Clark Rd, Havre De Grace, MD 21078
      View Details
    • Value Estimation
      $1,155,000
      16,312 SF

      315 Juniata St

      WAREHOUSE, STORAGE • 16,312 SF
      315 Juniata St, Havre De Grace, MD 21078-3233
      View Details
    • Value Estimation
      $1,495,000
      19,280 SF

      Pennington Ave

      WAREHOUSE, STORAGE • 19,280 SF
      Pennington Ave, Havre De Grace, MD 21078
      View Details
    • Value Estimation
      $1,280,000
      13,505 SF

      1744 Pulaski Hwy

      MINI-WAREHOUSE, STORAGE • 13,505 SF
      1744 Pulaski Hwy, Havre De Grace, MD 21078-2208
      View Details

    Similar Nearby for Sale

    • $650,000

      Havre de Grace Warehouse

      12,126 sqft warehouse in Havre de Grace, Maryland.
      1750 Pulaski Hwy, Havre de Grace, MD 21078
      View Details
    • $700,000

      Flex Building in Historic District

      Flex building in Havre de Grace's Historic Business District.
      311 N Union Ave, Havre de Grace, MD 21078
      View Details
    • $1,999,000
      5,359 SF

      Harford County Estate with Acreage

      58+ acre Harford County estate with historic farmhouse and modern amenities.
      3401 Old Level Rd, Havre de Grace, MD 21078
      View Details
    • $200,000
      0.14 Acres

      Pulaski Highway Land Opportunity

      Two adjacent parcels totaling 0.94 acres in high-visibility corridor.
      2208 Pulaski Hwy, Havre de Grace, MD 21078
      View Details
    • $625,000

      Auto Shop with Taxi Business

      1,722 SF auto shop with established taxi business.
      650 Warren St, Havre de Grace, MD 21078
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      169,050 SF

      169,050 SF Industrial Building

      Industrial building for lease with ample parking and convenient location.
      1621 Clark Rd, Havre de Grace, MD 21078
      View Details
    • $11 SF/Yr
      66,941 SF

      Pulaski Hwy Commercial Space

      Havre de Grace Office/Warehouse Space
      2129 Pulaski Hwy, Havre de Grace, MD 21078
      View Details
    • $11 SF/Yr

      Warehouse Space Near I-95

      3,241 SF warehouse space available near I-95.
      2129 Pulaski Hwy, Havre de Grace, MD 21078
      View Details
    • Contact for pricing

      Retail/Flex/Office Building Shell Spaces

      Retail, flex, and office spaces available near Route 40.
      2129 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
    • Contact for pricing
      1,496 SF

      Medical/Office Suites For Rent

      Suites available from 1,400 SF to 4,000 SF.
      2027 Pulaski Hwy, Havre de Grace, MD 21078
      View Details
    View Listing
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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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