FRP Holdings, Inc., through its subsidiaries, engages in various real estate businesses in the United States. It operates in Asset Management, Mining Royalty Land, and Land Development and Construction segments. The Asset Management segment owns, leases, and manages warehouses and office buildings located primarily in the Baltimore, Northern Virginia, and Washington, DC market areas. This segment primarily serves local and regional tenants. The Mining Royalty Lands Segment owns various properties comprising approximately 16,000 acres under lease for mining rents or royalties primarily in Florida and Georgia. The Land Development and Construction Segment owns and monitors the use of parcels of land that are in various stages of development. The company was founded in 1986 and is based in Jacksonville, Florida.