Annapolis · Commercial sale
Parkway 100 Holdings buys 7257 Parkway Dr in Hanover for $2.2 million
An office building at 7257 Parkway Dr, Hanover sold for $2,200,000 on September 1, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $2,200,000
- Sold
- September 1, 2026
- Property type
- Office building
- Building area
- 31,652 sq ft
- Price per sq ft
- $70
- Year built
- 1978
The office building at 7257 Parkway Dr sold for $2,200,000, 13% below its $2,538,900 market value on record, according to the Assessor's records. The Maryland Department of Assessments and Taxation's property records list the sale date as September 1, 2026.
The record lists Parkway 100 Holdings LLC as both the seller and buyer. Assessor's records show 31,652 square feet of building area, a build year of 1978 and a 1.75-acre lot. The price works out to $70 per square foot.
The last sale on record before this one was $3,557,500 in 2013, according to the property records.
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 $16,500 for the county transfer tax (Anne Arundel County) and $7,700 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 $2,165,913. 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 $2,232,273 at closing. That covers the full price and closing costs.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 42669-0381. 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.
