facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Maryland

/

Industrial

/

Sale

/

10331 Dolfield Road

Greg J. Vangellow - RW Dake Construction Acquires Industrial Property In Owings Mills, MD For $7.75M
SOLDIndustrial

Greg J. Vangellow - RW Dake Construction Acquires Industrial Property In Owings Mills, MD For $7.75M

$7,750,000

$150/SF

Building Size

51,448 SF

Asset Type

Industrial

Closing

Jan 24, 2024

AI

RW Dake Construction has acquired a 51,448-square-foot warehouse at 10331 S. Dolfield Road in Owings Mills, MD for a total of $7,750,000. The property is an industrial asset located in Baltimore County.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,750,000
  • Square Footage: 51,448
  • Price per Square Foot: $151
  • Address: 10331 S. Dolfield Road, Owings Mills, MD
  • Market: Owings Mills, MD

The buyer in this transaction is Greg J. Vangellow, representing RW Dake Construction. The seller is United Sortation Solutions, LLC. The deal was facilitated by the brokers Andrew Meeder, Daniel Hudak, and Matthew Curran from MacKenzie Commercial Real Estate Services.

Players

Andrew Meeder

MacKenzie Commercial Real Estate Services

Broker

$77.4M

vol

20 deals

Broker

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.05%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93