Property profile

Ind Trct A - Mdw Br Rd Westminster, MD 21158

OFF-MARKET
Industrial properties
17.7 ac lot Built 2023
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Property summary

AI-generated overview

This exceptional 17.7-acre industrial property is strategically located near Westminster Airport and Route 97 in Westminster, Maryland. The land is available for purchase as a whole or in 2-10 acre parcels, offering flexibility for various development needs. Zoned Light Industrial (I-R), the property boasts public water and sewer access, simplifying infrastructure development. Permitted uses under the I-R zoning are extensive and include, but are not limited to: manufacturing of various goods (from vehicles to cosmetics), laboratories, storage facilities, truck terminals, aircraft hangars (adjacent to the airport), office spaces, and more. Specific permitted uses also encompass concrete product manufacturing, contractor equipment yards, and even indoor shooting ranges (subject to specific regulations). The property presents a unique opportunity for businesses seeking a well-situated and versatile industrial site with ample space for expansion and growth. The asking price is $2,256,750, with an individual acre priced at $127,500. This prime location offers excellent access to transportation networks and a supportive business environment. Detailed zoning information is readily available.

Property profile

Verified
Property type Industrial properties
Year built 2023
Lot 17.7 ac (771,012 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ind Trct A - Mdw Br Rd Westminster, MD 21158
Westminster metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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