Heavy Industrial Sale in Beltsville, Maryland

A heavy industrial property at 10401 Tucker Street in Beltsville, Maryland has successfully closed for $3,000,000, or $312 per square foot, following approximately 120 days on the market. The transaction reflects the ongoing demand for well-located, functional industrial assets within the Washington DC region.
The 9,600-square-foot facility is zoned IH (Heavy Industrial) and offers a highly desirable configuration, including dock-high and drive-in loading, a fenced and paved outdoor storage yard, and direct access to the Capital Beltway (I‑495), I‑95, Baltimore-Washington Parkway (295), and MD‑200. These features positioned the property as an ideal solution for owner-users requiring efficient logistics and regional connectivity.
The buyer, Nouveau Elevators, a nationally operating firm headquartered in Long Island City, NY, acquired the property for use as its DC-area headquarters, supporting parts storage, distribution, and office operations.
Congratulations to both the seller and Nouveau Elevators on a successful transaction. The sale was handled by Mike Isen and Mike DiMeglio of NAI Michael, and Stream Realty Partners.