1251 COVERSTONE DR
 Sales  Print  Map It


Location
1251 COVERSTONE DR
Mblu
64/ A/ 83/ E/
Acct#
8053297
Owner
TMG ONE LOGISTICS LB2 OWNER LLC
Class
COMMERCIAL/INDUSTRIA
Total Market Value
$96,030,500
Appraisal
$96,030,500
PID
53297
Building Count
1
Legal Description
ONE LOGISTICS PARK LAND BAY 2A 64.27 ACRES
Water
Public
Sewer
Public Sewer
District
04: SHAWNEE
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$89,516,100$6,514,400$96,030,500
Assessment
Valuation YearImprovementsLandTotal
2025$89,516,100$6,514,400$96,030,500

Owner of Record
OwnerTMG ONE LOGISTICS LB2 OWNER LLC
Co-OwnerC/O THE MERIDIAN GROUP
Address3 BETHESDA METRO CENTER
STE 1400
BETHESDA, MD 20814-6306
Sale Price$0
Instrument Year2022
Book & Page 9855/0
Sale Date08/05/2022
Instrument99

Ownership History
Ownership History
OwnerSale PriceInstrument YearBook & PageInstrumentSale Date
TMG ONE LOGISTICS LB2 OWNER LLC$020229855/09908/05/2022
ONE LOGISTICS PARK LP$020228805/00001/01/1900

Building Information
Building 1 : Section 1
Year Built: 2025
Living Area: 0
Building Attributes
FieldDescription
Section StyleWarehouse
ModelCommercial
GradeGrade C
Stories1.0
Heat SystemFORCED AIR
Interior Wall 1DRYWALL
Interior Wall 2CONCRETE BLOCK
Garage Type 
Extra Fixture(s) 
Fireplace(s) 
Extra Kitchen(s) 
Total Room(s) 
Carport Type 
Interior Floor 3 
Frame TypeCONC BLOCK
Roof CoverBUILT UP
Roof TypeFLAT
AC Type25%
Exterior Wall 2 
Full Bath(s) 
FoundationSLAB
Exterior Wall 1PRE-CAST CONC
BasementNONE
Bedroom(s) 
Section Factor 
Num Units 
Gas Fireplace(s) 
Flue(s) 
Metal Flue(s) 
Heat FuelGAS
Inop Flue/FPL 
Interior Floor 1CARPET
Interior Floor 2CONCRETE
Half Bath(s) 
Stacked Fireplace(s) 
Num Cars - Carport 
Num Cars - Garage 
Num Cars - Built In 
Fin Bsmt Area 
Garage Type 2 
Num Cars - Garage 2 
Split FoyerNo
Split LevelNo
Grade Adjust 
Basement Area 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
C06CINTERIOR OFFICE - C 3,060 0
C22CCANOPY - C 360 0
I05CINDUS/WAREHOUSE CONC - C 1,023,120 0
   1,026,540 0

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code400C
DescriptionCOMMERCIAL/INDUSTRIA - COM  
ZoneM1
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)64.27
Frontage0
Depth0
Total Market Land$6,514,400
Appraised Value$6,514,400

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAVMTPavement315705.00 UN$631,4001
CONCConcrete188588.00 UN$565,8001
LIGHTLight38.00 UN$38,0001
WALLWall1624.00 UN$40,6001
FENFence1624.00 UN$16,2001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$89,516,100$6,514,400$96,030,500
2025$17,597,700$6,514,400$24,112,100
2024$0$3,920,500$3,920,500

Assessment
Valuation YearImprovementsLandTotal
2026$89,516,100$6,514,400$96,030,500
2025$17,597,700$6,514,400$24,112,100
2024$0$3,920,500$3,920,500

All locations identified on Google, Yahoo, and Bing maps are approximate and may not be exact


Go To Google Maps

Go To Microsoft Bing Maps