Multi-Greenhouse Agricultural
5996 Augustine Herman Hwy Cecilton, MD 21913
5996 Augustine Herman Hwy, Cecilton, MD, 21913
$1,490,000
For Sale
$1,490,000
A 10.6-acre property with a fenced, secure storage yard and four heated/cooled greenhouses plus outbuildings.
Property Size6,450 SF
Lot Size10.60 Acres
Price / SF$231.01
Days on Market70
Property Features for 5996 Augustine Herman Hwy
General Information
- Standard status
- Active
- Size
- 6,450 SF
- Lot size
- 10.60 Acres
- Property subtype
- Land
Listing agency
SB Real Estate
(302) 275-5566
Listed by
Jeff Sellers · License #RS0023229
Source
Sbrealtyco
Added: May 14 Updated: Jul 21 at 5:05PM Checked: Jul 22 at 5:15AM
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 SB Real Estate
Investment Insights
Based on property information with market context.
This 10.6-acre commercial/agricultural property is available immediately and includes a 5-acre fenced and secure storage yard. The facility features four large existing greenhouses that are heated and cooled, each with water connections, along with room for additional greenhouse structures. The leased/covered improvements also include seven additional outbuildings for flexible use.
The front building is approximately 4,500 square feet each for the greenhouses, supported by additional structures including a 550 SF walk-in cooler, a 200 SF break room building, a 350 SF restroom building, and 350 SF 3-shed buildings, plus other space described as totaling approximately 6,450 SF including greenhouses. The property has customer parking, very nice public restrooms, and a main entrance directly off Augustine Herman Hwy with gated access.
Utilities include a private well and septic system, with tankless hot water heaters noted on-site. The property also includes a highway entrance with gate and secured fenced yard space.
The front building is approximately 4,500 square feet each for the greenhouses, supported by additional structures including a 550 SF walk-in cooler, a 200 SF break room building, a 350 SF restroom building, and 350 SF 3-shed buildings, plus other space described as totaling approximately 6,450 SF including greenhouses. The property has customer parking, very nice public restrooms, and a main entrance directly off Augustine Herman Hwy with gated access.
Utilities include a private well and septic system, with tankless hot water heaters noted on-site. The property also includes a highway entrance with gate and secured fenced yard space.
Key Highlights
- 10.6‑acre commercial property with a 5‑acre fenced, secure storage yard available immediately
- Four existing greenhouses (heated/cooled), each 4,500 SF +/-, with water connections and space for additional greenhouses
- Front building includes a 550 SF walk‑in cooler, plus restroom and break room outbuildings
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.8k | $20.28 |
| − Vacancy | −$8.0k | −$1.24 |
| EGI | $122.8k | $19.04 |
| − OpEx | −$36.8k | −$5.71 |
| NOI | $86.0k | $13.33 |
6,450 SF · lease $20.28/SF/yr · vacancy 6.13% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.23M
$1.07M – $1.43M
NOI $85,951 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,440 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Farm - A 10.6-acre property with a fenced, secure storage yard and four heated/cooled greenhouses plus outbuildings.
Where is this farm located?
The property is located at 5996 Augustine Herman Hwy Cecilton, MD.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 10.6‑acre commercial property with a 5‑acre fenced, secure storage yard available immediately; Four existing greenhouses (heated/cooled), each 4,500 SF +/-, with water connections and space for additional greenhouses; Front building includes a 550 SF walk‑in cooler, plus restroom and break room outbuildings
