Updated Oct 29, 2024
CSX Transportation Acquires Industrial Property On Benhill Avenue In Baltimore For $1.9M
1920 Benhill Avenue, Baltimore, Maryland 21226, United States
$1,900,000
$82,608/SF
Building Size
23 SF
Asset Type
Industrial
Closing
Jan 10, 2023
About this deal
AI
The industrial property located at 1920 Benhill Avenue in Baltimore, MD was recently sold for a price of $1,900,000. The property spans across 3.6 acres and offers a total square footage of 23,000. The sale price translates to approximately $83 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,900,000
- Acres: 3.6
- Square Footage: 23,000
- Address: 1920 Benhill Avenue, Baltimore, MD
- Market: Baltimore, MD
The buyer of the property is CSX Transportation, while the seller is USALCO. The deal was facilitated by Andrew Meeder and David McClatchy from MacKenzie Commercial Real Estate Services.
Curtis Bay Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93