Annapolis · Commercial sale
Exeter 515 McCormick buys 515 McCormick Dr in Glen Burnie for $17.35 million
A warehouse at 515 McCormick Dr, Glen Burnie sold for $17,350,000 on September 2, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $17,350,000
- Sold
- September 2, 2026
- Property type
- Warehouse
- Building area
- 107,100 sq ft
- Price per sq ft
- $162
- Year built
- 1990
A warehouse at 515 McCormick Dr in Glen Burnie sold for $17,350,000 on September 2, 2026, according to Maryland Department of Assessments and Taxation property records. That price was 24% above the recorded market value of $13,974,900, according to the Assessor's records.
The price was also 11% above the last sale on record: $15,700,000 in 2019. The record lists Rlif East 2 LLC as the seller and Exeter 515 McCormick LLC as the buyer.
Assessor's records show 107,100 square feet of building area, a build year of 1990 and a 10.35-acre lot. The sale price works out to $162 per square foot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Anne Arundel County?
By our estimate, the seller's two largest charges, not counting prorations, were $130,125 for the county transfer tax (Anne Arundel County) and $60,725 for the recordation tax (Anne Arundel County). Who pays what follows Anne Arundel County custom.
How much did the seller net?
By our estimate, the seller netted about $17,083,432. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $17,592,929 at closing. That covers the full price and closing costs.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 42670-0259. Property details: Anne Arundel County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
