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 $1,665,268. Commercial real estate sale prices in Hanover have a median of $472,470. The last 24 months of sales history has seen 743 sales, with 733 sales greater than $250,000, 65 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 $1,441 $3,063 $184
Median price/sqft $116 $150 $174
Average sold price $1,152,438 $1,469,946 $1,200,399
Median sold price $194,558 $397,517 $472,470
Number of sales 3,865,677 44,427 743
Number of sales over $250k 1,626,715 29,836 733
Number of sales over $1m 387,539 6,900 65
Number of sales over $10m 57,686 1,040 15
Average total tax amount $5,994 $8,279 $16,989
Average assessed value $308,174 $662,464 $1,665,268
Average market value $389,450 $685,460 $1,751,378

Hanover commercial real estate property averages

The average lot size of commercial real estate properties in Hanover is 7,859 sf. This is 95% below the Maryland average.

Property averages United States Maryland Hanover
Average lot size 818,756 sf 452,609 sf 95,023 sf
Median lot size 24,545 sf 22,201 sf 7,859 sf
Average building area 1,144 sf 3,971 sf 266 sf
Median building area 74 sf 107 sf 173 sf
Median year built 1969 1973 1999
Average number of units 16 14 26
Median number of units 2 -- --

Hanover commercial real estate total supply

There are 2,354 commercial real estate properties in Hanover. This is 198% below the Maryland average. The total acerage is 3,861 acres and the aggregate building area for commercial real estate properties in Hanover is 174,049 sf.

Supply United States Maryland Hanover
Number of parcels 57,574,886 480,384 2,354
Aggregate lot acerage 902,778,622 3,649,020 3,861
Aggregate building area 8,065,475,157 sf 421,361,224 sf 174,049 sf
Aggregate units 87,857,722 922,531 5,742

Hanover commercial real estate industrial mortgages

There are 2,142 mortgages for commercial real estate properties across Hanover in the Reonomy database. The average value of those mortgages is $8,450,969. This is 38% above the Maryland average.

Debt United States Maryland Hanover
Number of mortgages 40,017,848 436,997 2,142
Average value of mortgages $5,224,996 $5,720,202 $8,450,969

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