$4,600,000
$4,950,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
19,000 SqFt
SOLD DATE : 08/02/2021
Key Details
Sold Price $4,600,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 19,000 sqft
Price per Sqft $242
MLS Listing ID MDFR277468
Sold Date 08/02/21
HOA Y/N N
Originating Board BRIGHT
Year Built 2004
Annual Tax Amount $17,941
Tax Year 2021
Lot Size 21.770 Acres
Acres 21.77
Property Description
Prime Investment opportunity. 22-acre parcel with several improvements to include a converted barn with 6,800 SF of office space, a 5,600 SF Warehouse/Mechanic Shop, and a 6,600 SF Pole Barn. This Land Bank is nestled within the thriving 355 growth corridor, has an existing established tenant, and provides extensive potential for future development. Additionally, the property is sub dividable, has 3 approved septic areas, an existing storm water management pond and 3 wells. Existing tenant has a modified gross lease and is responsible for base rent, utilities, general maintenance, ground maintenance, snow removal and liability insurance. Offered at $4,950,000.
Location
State MD
County Frederick
Zoning ORI
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 150.0
Waterfront N
Water Access N
Accessibility Level Entry - Main
Parking Type Parking Lot, Other
Total Parking Spaces 150
Garage N
Building
Sewer Community Septic Tank, Private Septic Tank
Water Well
New Construction N
Schools
School District Frederick County Public Schools
Others
Tax ID 1107225911
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Tony "C" Checchia • VCRE.CO
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "