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    601 Sunrise Ave Ridgely, MD 21660

    Sponsored
    For Sale
    $3,993,680

    Massive Warehouse, Office Space, Prime Location

    Property size:
    99,842 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 99,842 square foot industrial property, situated on a sprawling 17-acre lot in Ridgely, Maryland, presents a unique investment opportunity. Previously utilized as a high-volume distribution center for a national health and wellness company, this facility boasts a versatile layout ideal for a variety of uses. The building's front section encompasses approximately 5,000 square feet of well-appointed administrative offices, featuring a welcoming reception area, private offices, multiple conference rooms, and a convenient break room. This area is perfect for management and administrative staff. Adjacent to the office space is roughly 27,146 square feet of production space, offering 14-foot ceiling heights, suitable for various manufacturing or assembly processes. The rear of the building comprises a substantial 67,696 square foot high-bay warehouse, providing ample storage capacity with impressive 25- to 30-foot clear ceiling heights. Efficient loading and unloading are ensured by the inclusion of nine dock-high loading doors and one drive-in door. The property's expansive acreage and strategic location offer significant potential for expansion or future development. This is a rare opportunity to acquire a large-scale industrial property in a desirable location with excellent infrastructure. The property is offered at $3,993,680.

    Property Features for 601 Sunrise Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    99,842 SF
    Lot Size
    740,520 SF

    Building Details

    Year Built
    1987
    Property Profile Location Intelligence

    Current Use by Public Records

    Jason Pharmaceuticals Inc Pharmaceutical Company Medifast Inc Health Food Store Caroline Cougars Football ... Soccer Field

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Pharmacy Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgely
    County
    Caroline
    State
    Maryland
    Longitude
    -75.87965
    Latitude
    38.94173

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Industrial property - Massive Warehouse, Office Space, Prime Location
    Where is this industrial property located?
    The property is located at 601 Sunrise Ave Ridgely, MD.
    What is the asking price?
    The asking price for this property is $3,993,680.
    Request Owner's contact information
    601 Sunrise Ave Ridgely, MD 21660
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    Ridgely, MD 21660
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 Sunrise Ave Ridgely, MD 21660
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