Updated Oct 12, 2026
Chesapeake Terminals Acquires 16.5 Acre Industrial Property In Baltimore For $11.1M
1935 Chesapeake Avenue & 1999 Chesapeake Avenue
$11,100,000
Building Size
—
Asset Type
Industrial
Closing
Sep 23, 2026
About this deal
AI
Chesapeake Terminals purchased a 16.5-acre waterfront industrial property located at 1935 and 1999 Chesapeake Avenue in Baltimore for $11.1 million. The site includes a 400-foot bulkhead and is leased long-term to AMPORTS.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,100,000
- Acres: 16.5
- Address: 1935 & 1999 Chesapeake Avenue
- Market: Baltimore, MD
- Brokers: Jim Chivers & Will McCullough - Gold & Company
Jim Chivers and Will McCullough of Gold and Company acted as the brokers in this transaction, representing the interests of the buyer in the acquisition of the property. Their involvement facilitated the successful completion of the deal between Chesapeake Terminals and the previous property owners.
On the Map
$11,100,000
Industrial
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Players
Leonardtown 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
1.43%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93