Search
Ridgely Industrial Complex For Sale
For Sale
Contact for pricing

502 Factory Ave, Ridgely, MD 21660

129,000+ sqft industrial space on 9.679 acres in Ridgely, MD.

Property Size129,163 SF
Lot Size9.68 Acres
Price / SF$30.58
Days on Market703

Property Features for 502 Factory Ave

General Information

Standard status Active
Size 129,163 SF
Class C
Lot size 9.68 Acres
Property subtype Industrial
Zoning I-2
Investment Type Owner/User

Building Details

Year Renovated 2012
Buildings 7
Stories 1
Listing Agency: Friend Commercial Real Estate
Listed By: Ted Kroos · License #0225041957
Source: Crexi
Added: Sep 18, 2024 Changed: Aug 20 Last Checked: Aug 20 at 7:47PM

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 Friend Commercial Real Estate

Investment Insights

Based on property information with market context.

This industrial property, located at 502 FACTORY AVE, RIDGELY, MD 21660, features over 129,000 sqft of industrial space across seven buildings. Zoned I-2, the site includes cold storage warehouses, multiple offices, and ample parking for trucks and employees. The buildings range in size from approximately 9,000 sqft to 30,000 sqft, offering flexibility for various business needs. Buildings 1, 2, 3, and 6 are refrigerated, suitable for specialized storage requirements. Additional outbuildings provide further space for storage or operations. The property sits on approximately 9.679 acres, with the option to expand with an additional 4.616 acres. This industrial complex is suitable for warehousing, food production, or manufacturing.

Key Highlights

  • Over 129,000 sqft of industrial space across seven buildings.
  • I‑2 zoning suitable for warehousing, food production, or manufacturing.
  • Reduced asking price of $3,950,000; available for sale or lease.

Property Analytics

Current Use

Refrigerated & Cold Storage

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby
Well-served
Demand for This Use

Demographics for 21660, MD

3,927
Population
1,571
Households
2.5
Avg Household Size
41
Median Age
17%
College-Educated
88%
High-School Grad
32.7 sq mi
ZIP Area
120
Density / Sq Mi
$76,917
Median Household Income
$39,785
Median Earnings
$1,008
Median Rent
$322,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Warehouse - 129,000+ sqft industrial space on 9.679 acres in Ridgely, MD.
Where is this warehouse located?
The property is located at 502 Factory Ave Ridgely, MD.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Over 129,000 sqft of industrial space across seven buildings.; I‑2 zoning suitable for warehousing, food production, or manufacturing.; Reduced asking price of $3,950,000; available for sale or lease.
(410) 449-1074 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message