Maryland Investment Group Acquires Land In Howard County For $1.3M
11920 Lime Kiln Road
$1,300,000
$555/SF
Building Size
2,340 SF
Asset Type
Land
Closing
Apr 1, 2024
About this deal
AI
A three-acre site located at 11920 Lime Kiln Road in Fulton, MD, was recently sold for $1.3 million. The property spans 2,340 square feet, resulting in a price per square foot of $556. The sellers, Carl Mauck and Sharon Mauck, facilitated the transaction with the assistance of brokers Dennis Boyle & Graham Sevy from MacKenzie Commercial Real Estate Services.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,300,000
- Address: 11920 Lime Kiln Road
- Market: Fulton, MD
- Sellers: Carl Mauck & Sharon Mauck
- Brokers: Dennis Boyle & Graham Sevy - MacKenzie Commercial Real Estate Services
A Maryland-based investment group made the purchase, acquiring the three-acre site. MacKenzie Commercial Real Estate Services, LLC represented the sellers, Carl and Sharon Mauck, in this transaction. The involvement of Dennis Boyle and Graham Sevy highlights the expertise of MacKenzie Commercial Real Estate Services in facilitating real estate deals in Howard County, Maryland.
On the Map
$1,300,000
$555/SF
Land
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Players
Fulton Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93