MacKenzie Commercial Real Estate Services Brokers $7.6M Sale Of 10 Acres Of Land In Bel Air, MD At Route 543 & I-95
Creswell Road, Bel Air, Maryland 21015, United States
$7,600,000
Building Size
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Asset Type
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Closing
Dec 5, 2021
AI
A 10-acre parcel of land located at Route 543 & I-95 in Bel Air, MD has been sold for a transaction price of $7,600,000. The property is classified as land and was sold on the date of 12/06/2021. The sale was facilitated by Sean Langford of MacKenzie Commercial Real Estate Services.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $7,600,000
- Address: Route 543 & I-95, Bel Air, MD
- Market: Bel Air, MD
- Asset Type: Land
- Acres: 10
The deal was brokered by Sean Langford of MacKenzie Commercial Real Estate Services, who represented the parties involved in the transaction.
Bel Air CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93