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13837353
13837354

1350 Bloomingdale Rd, Queenstown, MD 21658

RB
MD 5006326, PA RSR005215
SVN | Miller Commercial Real Estate Salisbury
Listed by SVN | Miller Commercial Real Estate Salisbury
$3,250,000
923 days on market
Updated 174 days ago

QA Industrial Site: Strategic Facility with Prime Access

Details
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 55,052
Cap Rate 5.69%
NOI $185,000
Lease Type Modified
Price per SqFt $59
Class C
Buildings 3
Acreage 38.000
Investment Type Value Add

Rare 55,000+ SF of Industrial on 38 acres of land

Marketing description

Situated in the heart of Queen Anne's County lies one of its most expansive and strategically positioned industrial sites. Located conveniently on Bloomingdale Road in Queenstown, Maryland, this property boasts unparalleled access to the region's key markets. Just a stone's throw away from US Routes 50 and 301, businesses operating from this site can effortlessly tap into 40% of the nation's population within a mere three-hour trucking window.

Spanning a vast 38.29 acres, the property features a 55,000+ SF industrial facility, once home to the Conagra food processing plant. With the property's sought-after Suburban Industrial zoning within Queen Anne’s County, this location emerges as an ideal hub for a range of industrial activities. Whether you're in manufacturing, distribution, storage, or any other industrial sector, the infrastructure and location align seamlessly with diverse operational needs.

Currently operating as a cash-flowing investment property, it houses a blend of 11 indoor spaces and 5 outdoor tenants, each benefiting from the site's exceptional amenities and strategic positioning. Such established tenancy underscores the property's desirability and potential for consistent revenue generation, while the month-to-month nature of the existing leases gives the buyer the flexibility necessary to make the site their own.

Investment highlights

Strategic Location: Nestled in Queenstown, Maryland, with unparalleled access to US Routes 50 and 301, enabling businesses to reach 40% of the nation's population within just three hours.

Expansive Space: Sprawling over 38.29 acres, featuring a vast 55,000 SF industrial facility

Multi-Tenant Capability: Current multi-user investment property that boasts 11 indoor spaces and 5 outdoor tenants, ensuring consistent revenue streams and highlighting the property's adaptability.

Versatility for Users: While designed to cater to multiple industrial tenants, the property also offers the flexibility for conversion to a single, large-scale user.

Desirable Zoning: Benefits from the sought-after Suburban Industrial zoning in Queen Anne’s County, making it ideal for a multitude of industrial applications.

Listing Contacts

RB
MD 5006326, PA RSR005215
SVN | Miller Commercial Real Estate Salisbury
Listed by SVN | Miller Commercial Real Estate Salisbury

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$185,000.00
$15,416.67/mo

Valuation Metrics

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DSCR
5.69%
Cap Rate
5.69%
ROI

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