Share This Listing

Message

919 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Multi Use Industrial Opportunity/Patriot Fire 225 Hess Rd 27,200 SF Flex Building Grasonville, MD 21638 $3,488,404 CAD ($128.25 CAD/SF) 7% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Quality, Quality, Quality, is what this building shows. The end walls are 15" concrete, side walls are 12" concrete filled with insulation, one of the best insulated buildings of its kind. Electric service is over 1200 Amps, / 3 phase. Please see attachment below for more high resoltuion photo's.
Property is centrally located with access to Route 50 /301. Road frontage exposure is over 70K cars a day.

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $244,286 $8.98

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $244,286
Annual Per SF $8.98

PROPERTY FACTS Under Contract

Price $3,488,404 CAD
Price Per SF $128.25 CAD
Sale Type Investment
Cap Rate 7%
Property Type Flex
Property Subtype
Light Distribution
  • Industrial Distribution
  • Industrial Manufacturing
  • Showroom
  • Industrial Warehouse
Building Class C
Lot Size 1.66 AC
Rentable Building Area 27,200 SF
No. Stories 1
Year Built 2006
Tenancy Single
Parking Ratio 1.28/1,000 SF
Clear Ceiling Height 40’
No. Drive In / Grade-Level Doors 5
Zoning U-C - Urban commercial, intended for commercial and mixed use development

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-019001
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$3,274,758 CAD (2025)
  • Listing ID: 5521287

  • Date on Market: 2017-01-19

  • Last Updated:

  • Address: 225 Hess Rd, Grasonville, MD 21638

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}