7226 Albion Way, Hanover, MD 21076

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APN: 01-597622

7226 Albion Way, Hanover, MD 21076

Lot

Land Use
Tax Exempt
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
2017-08-30
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Hanover

Reonomy operates the most comprehensive database for Hanover Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Hanover commercial real estate professionals. Members from Hanover include brokers, investors and service providers, many of whom specialize in Hanover Commercial Real Estate.

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Hanover commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Hanover is $1,613,346. Commercial real estate sale prices in Hanover have a median of $472,470. The last 24 months of sales history has seen 705 sales, with 694 sales greater than $250,000, 59 sales valued at over $1,000,000, and 15 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Hanover over the last 24 months is $174.

Values and sold prices (last 24 months) United States Maryland Hanover
Average price/sqft $1,344 $6,109 $184
Median price/sqft $115 $151 $174
Average sold price $1,162,392 $4,472,749 $1,229,752
Median sold price $191,467 $401,788 $472,470
Number of sales 3,863,764 44,958 705
Number of sales over $250k 1,613,612 30,297 694
Number of sales over $1m 389,810 7,911 59
Number of sales over $10m 58,005 2,232 15
Average total tax amount $5,906 $8,249 $17,991
Average assessed value $273,996 $623,779 $1,613,346
Average market value $321,051 $645,445 $1,696,912

Hanover commercial real estate property averages

The average lot size of commercial real estate properties in Hanover is 9,979 sf. This is 77% below the Maryland average.

Property averages United States Maryland Hanover
Average lot size 819,068 sf 454,563 sf 98,524 sf
Median lot size 24,646 sf 22,581 sf 9,979 sf
Average building area 1,164 sf 6,773 sf 268 sf
Median building area 73 sf 105 sf 172 sf
Median year built 1970 1973 2000
Average number of units 16 15 26
Median number of units 2 -- --

Hanover commercial real estate total supply

There are 2,323 commercial real estate properties in Hanover. This is 198% below the Maryland average. The total acerage is 3,842 acres and the aggregate building area for commercial real estate properties in Hanover is 169,120 sf.

Supply United States Maryland Hanover
Number of parcels 57,284,908 471,127 2,323
Aggregate lot acerage 882,586,122 3,545,670 3,842
Aggregate building area 8,038,750,738 sf 614,665,989 sf 169,120 sf
Aggregate units 87,804,464 915,916 5,743

Hanover commercial real estate industrial mortgages

There are 1,802 mortgages for commercial real estate properties across Hanover in the Reonomy database. The average value of those mortgages is $9,106,177. This is 45% above the Maryland average.

Debt United States Maryland Hanover
Number of mortgages 38,333,712 372,799 1,802
Average value of mortgages $5,270,730 $5,712,464 $9,106,177

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