1700 Industrial Park Rd - Warehouse FOR SALE


Federalsburg, MD 21632
$4,200,000 USD
410-543-2420
1700 Industrial Park Rd, Federalsburg, MD for Sale
$4,200,000 USD
Warehouse - FOR SALE
1/15
null | 7.29% Cap Rate

1700 Industrial Park Rd
Federalsburg, MD 21632


OVERVIEW

NN Lease Industrial Investment Property. 3 Years remaining. Current rent is $306,349. Tenant is responsible for taxes, insurance and utilities. Opportunity Zone. Cannabis cultivation may be permitted in this location. 49,813 sq.ft. manufacturing facility on 5.586 acres. 5 docks (8 x 8) and 1 drive-in door (8 x 8). 3 Phase Electric capacity 480 - steps down to 280. Manufacturing facility is heated with propane hanging heaters. 6" water line. Electrical drops and compressed air lines throughout the production/manufacturing area. Column spacing of of 50' across and 20' depth. 18' ceiling height. 2,000 sq.ft. of 2nd floor office space overlooking the production area with new a/c, new heat pump and new duct work. Offers conference room, executive offices, private offices and restrooms. Approx 40 parking spaces plus 15 trailer spaces. 5+ acre site offers room for expansion. The Federalsburg Industrial Park is located 1 mile from downtown Federalsburg on MD Route 313. The park is equipped with electricity, water, sewer, broadband access and offers paved roads and fire and police protection. The Maryland & Delaware Railroad line borders the park. The park is located near several ports: Baltimore 80 miles, Philadelphia 124 miles, Norfolk 170 miles and New York 207 miles.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

7.29%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

18 Ft

DOCKS

5

DRIVE INS

1

PARKING SPACES

55

LAND DETAILS

LAND ACRES

4.98

LAND SF

216,978

ZONING

Gen Ind ID-2

APN/PARCEL ID

05-026652

ASK ABOUT THIS PROPERTY

Flo BrotzmanSVN | Miller Commercial Real EstateMore Info
410-543-2420

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Flo BrotzmanSVN | Miller Commercial Real EstateMore Info
410-543-2420

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.