$5,500,000
$5,499,000
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45,522 SqFt
SOLD DATE : 08/30/2024
Key Details
Sold Price $5,500,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 45,522 sqft
Price per Sqft $120
MLS Listing ID MDAA2084020
Sold Date 08/30/24
Originating Board BRIGHT
Year Built 1962
Annual Tax Amount $22,635
Tax Year 2024
Lot Size 4.180 Acres
Acres 4.18
Property Description
This building has multiple tenants to offset expenses for business that wants to occupy 28,400 space, that includes 2000 SF +/- high class offices. Great location with easy access to major highways and BWI airport. The property is strategically located near route 2 in Millersville, MD, which is within 40 minutes of Baltimore, Washington, D.C. and Annapolis. Industrial properties within 3 miles of 8370 Jumpers Hole Road have an average occupancy of 96.8% and the route 2 corridor registered 5% rent growth over the last twelve months. On average, vacant industrial spaces in properties in the surrounding 3 miles are leased within 4-5 months. Partially Leased Outdoor Storage Space 40,000+/- SF of fenced land, partially leased as outdoor storage 28,400 SF Delivered Vacant Space may be delivered vacant or with a short-term leaseback 8 Drive-In’s and 2 Canopied Loading Docks. Drive-in doors are 14’x13’ and loading docks are 10’x9’. W1 Zoning Allows For a Variety of Uses from manufacturing to recreation is allowed. 20’ Clear Height in Warehouse. Building design creates multiple future leasing options. Convenient to Major Transportation Routes Rt 2, Rt 100, Rt 10 provide quick access to I-97, I-695 and I-95. Onsite Biomass Furnace Heats Warehouse Reduces energy costs vs. traditional oil heat for warehouses. Listing Broker/Agent is owner
Location
State MD
County Anne Arundel
Zoning W1
Interior
Hot Water Electric
Heating Heat Pump(s), Space Heater
Cooling Heat Pump(s)
Heat Source Oil
Exterior
Garage Spaces 70.0
Waterfront N
Water Access N
Roof Type Metal
Accessibility Level Entry - Main
Total Parking Spaces 70
Garage N
Building
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Anne Arundel County Public Schools
Others
Tax ID 020300031656300
Ownership Fee Simple
SqFt Source Assessor
Security Features Security Gate,Exterior Cameras
Special Listing Condition Standard
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Bought with Eugene Parker Jr. • Rosso Commercial Real Estate Services, LLC.
Specializing in buyer, seller, tenant, and investor clients. We sell heart, hustle, and a whole lot of homes.
Nettles and Co. is a Philadelphia-based boutique real estate team led by Brittany Nettles. Our mission is to create community by building authentic relationships and making one of the most stressful and intimidating transactions equal parts fun, comfortable, and accessible.