Meat Processing Facility with Retail
For Sale
$499,000
12 12r Middle St, Taneytown, MD 21787
Established local meat operation includes processing equipment, retail fixtures, and transferable inventory.
Property Size3,492 SF
Price / SF$142.90
Days on Market95
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Property Features for 12 12r Middle St
General Information
Standard status
Active
Size
3,492 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1950
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Larry W Stambaugh
(410) 751-1221
Source:
Soldbypattie
Added: Jul 13
Changed: Oct 10
Last Checked: Oct 7 at 3:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 3492-square-foot commercial property combines meat processing space with an operating retail store. Built in 1950, the facility includes equipment used in the business, with shelf goods and meat inventory included in the sale. The equipment is described as being in good operating condition and subject to regular USDA and government inspections.
The property is located at 12 12r Middle St in Taneytown, Maryland, within a rural Carroll County community serving surrounding farming areas. The business has operated for 75 years under multiple family owners, providing locally cut meat to the area. Equipment, fixtures, and inventory transfer at settlement, supporting continuation of the existing operation.
The property is located at 12 12r Middle St in Taneytown, Maryland, within a rural Carroll County community serving surrounding farming areas. The business has operated for 75 years under multiple family owners, providing locally cut meat to the area. Equipment, fixtures, and inventory transfer at settlement, supporting continuation of the existing operation.
Key Highlights
- 3492 SF meat processing and retail property
- 75‑year operating history under multiple family owners
- Processing equipment included and described as being in good operating condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,754
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,080
$815.1K
Cap Rate 7%
$582,200
$582.2K
Cap Rate 9%
$452,822
$452.8K
Market Conditions
NOI Build-Up for 3,492 SF
Gross rent
$55.7K $15.96/SF
− Vacancy
−$1.4K −$0.40/SF
EGI
$54.3K $15.56/SF
− OpEx
−$13.6K −$3.89/SF
NOI
$40.8K $11.67/SF
Area
Carroll County, MD
Vacancy
2.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,080
Cap Rate 7%
$582,200
Cap Rate 9%
$452,822
Alternative Uses
Best Use
Retail
$706.1K
$617.8K – $823.8K
NOI $49,425 @ 7.0% cap · market cap 9.90%
Second Best
Specialty Retail
$582.2K
$509.4K – $679.2K
NOI $40,754 @ 7.0% cap · market cap 8.17%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,651 @ 7.0% cap · market cap 18.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 21787, MD
11,066
Population
4,429
Households
2.5
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
61.1 sq mi
ZIP Area
181
Density / Sq Mi
$88,212
Median Household Income
$48,026
Median Earnings
$870
Median Rent
$344,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Established local meat operation includes processing equipment, retail fixtures, and transferable inventory.
Where is this manufacturing property located?
The property is located at 12 12r Middle St Taneytown, MD.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3492 SF meat processing and retail property; 75‑year operating history under multiple family owners; Processing equipment included and described as being in good operating condition
