1040 SHERIDAN ST
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Location
1040 SHERIDAN ST
Mblu
00W1/ 00038/ / /
Acct#
00W1-00038
Owner
SHERIDAN INDUSTRIAL PARK
PBN
Assessment
$5,410,100
Appraisal
$5,410,100
PID
3612
Building Count
1
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$4,559,700$256,700$74,400$519,300$5,410,100
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$4,559,700$256,700$74,400$519,300$5,410,100

Owner of Record
OwnerSHERIDAN INDUSTRIAL PARK
Co-OwnerLIMITED PARTNERSHIP
Address48 STRIDESHAM CT
BALTIMORE , MD 21209
Sale Price$6,500,000
Certificate
Book & Page 25456/0077
Sale Date06/14/2024
Instrument00
QualifiedQ

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SHERIDAN INDUSTRIAL PARK $6,500,000 25456/00770006/14/2024
A3 SHERIDAN LLC$4,200,000 22183/05800005/23/2018
WE 1040 SHERIDAN LLC$2,100,000 21547/04261V01/26/2017
NIP OWNER II LLC$0119398/0361 08/16/2012
NIP OWNER LLC$2,278,801219081/01011B01/13/2012

Building Information
Building 1 : Section 1
Year Built: 1984
Living Area: 74,400
Replacement Cost: $6,332,928
Building Percent Good: 72
Replacement Cost
Less Depreciation:

$4,559,700
Building Attributes
FieldDescription
Style:Light Industrial
ModelIndustrial
GradeB
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Typical
Interior Wall 2 
Interior Floor 1Average
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeCentral
Bldg UseFactory
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 69,600 69,600
FUSUpper Story, Finished 4,800 4,800
   74,400 74,400

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers Wet77280.00 S.F.$97,4001
LDL1Load Level-Power11.00 UNITS$23,8001
MEZ2Mezzanine Fin5160.00 S.F.$81,7001
MEZ1Mezzanine Unfi1800.00 S.F.$18,1001
OD1OH Door Wd/Mtl144.00 S.F.$5,2001
OD1OH Door Wd/Mtl144.00 S.F.$5,2001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001
OD1OH Door Wd/Mtl64.00 S.F.$2,3001

Parcel Information
Use Code4000
DescriptionFactory  
Deeded Acres7.01

Land
Land Use
Use Code4000
DescriptionFactory  
Neighborhood110
Land Line Valuation
Size (Acres)7.01
Assessed Value$519,300
Appraised Value$519,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FN3Fence 6' Chain  2400.00 L.F.$14,4001
PAV1Paving Aspha  60000.00 S.F.$60,0001
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$3,281,000$256,700$74,400$519,300$4,131,400
2024$3,187,300$256,700$74,400$519,300$4,037,700

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$3,281,000$256,700$74,400$519,300$4,131,400
2024$3,187,300$256,700$74,400$519,300$4,037,700

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