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    Property profile & analytics
    OFF-MARKET Estimated value $1,175,000
    Warehouses

    1350 Bloomingdale Rd, Queenstown, MD 21658-1315

    42,200 SF 38.29 ac lot Built 1970
    Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US40-2346829
    Property summary
    AI-generated overview

    This exceptional 38.29-acre industrial property in Queenstown, Maryland, presents a unique investment opportunity. Strategically located on Bloomingdale Road, it offers unparalleled access to major transportation arteries, US Routes 50 and 301. This prime location allows businesses to reach 40% of the US population within a three-hour trucking radius. The property includes a substantial 55,052 square foot industrial facility, previously occupied by a Conagra food processing plant. The building is currently generating income as a multi-tenant property, with 11 indoor and 5 outdoor tenants operating under month-to-month leases. This provides immediate cash flow and flexibility for future development. The property's Suburban Industrial zoning within Queen Anne's County supports a wide range of industrial uses, including manufacturing, distribution, and storage. The expansive acreage and existing infrastructure make this an ideal location for businesses seeking a strategic foothold in a thriving market. This is a rare opportunity to acquire a significant industrial asset with strong existing tenancy and significant upside potential. The property's location and size make it a compelling investment for both short-term income generation and long-term growth.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1970
    Construction BRICK
    Total area 42,200 SF
    Lot 38.29 ac (1,667,912 SF)
    Zoning code SI
    APN 05-011299
    UPID US40-2346829
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Jet Dock US & Kayak Dock Construction Company General Contractor
    • Maryland Mattress Movers Recycling Center Waste Management Facility
    • Moniteq Research Labs Inc Laboratory
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $810k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.54M
    Blend (final) Blend
    $1.18M
    Owner & transaction history
    Scipione Properties LLC · 20 yrs held
    Scipione Properties LLC
    since 2006
    2 recorded transactions
    2006
    2006
    $1.0M
    Zoning & alternative use
    SI · Queenstown, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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