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Legacy Ventures Acquires Mixed-use Property From George’s Welding Service For $2.5M In Curtis Bay
SOLD
Maryland
See Similar DealsMixed-use5,000 SF
Sold 05/13/2025
SOLD
Legacy Ventures Acquires Mixed-use Property From George’s Welding Service For $2.5M In Curtis Bay
6608 Fort Smallwood Road
See Similar DealsMixed-use5,000 SF
Sold 05/13/2025
Summary
MARYLAND
Asset Type:Mixed-use
Price Per Square Foot:$500
Total Square Footage:5,000 SF
Transaction Type:Sale
6608 Fort Smallwood Road is a mixed-use property located in Curtis Bay, MD. The asset encompasses a total square footage of 5,000 and was sold for $2,500,000, equating to a price per square foot of $500.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,500,000
- Address: 6608 Fort Smallwood Road
- Market: Curtis Bay, MD
- Square Footage: 5,000
- Price Per Square Foot: $500
- Buyer: Legacy Ventures
- Seller: George’s Welding Service
- Brokers: Bryan Herr & Matthew Curran - MacKenzie Commercial Real Estate Services
MacKenzie Commercial Real Estate Services facilitated the transaction, representing the buyer and the seller in the sale of this multi-use site, which includes warehouse, office, and IOS space.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31
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