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    Agricultural Grain Storage Facility Title is generated by Realmo AI

    7511 Damascus Rd, Gaithersburg, MD 20882

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    Claim this Listing
    For Sale
    $4,000,000

    Grain storage facility on almost 80 acres of farmland.

    Type:Land or Vacant Lot
    Property size:
    21,000 SF
    Lot size:
    78.06 Acres
    Price / SF:
    $190/SF
    Added:
    Jan 12, 2026
    Days on Market:
    145
    Last Refresh:
    May 10 at 9:55 pm

    Property Features for 7511 Damascus Rd

    General Information

    Standard status
    Active
    Size
    21,000 SF
    Lot size
    78.06 Acres
    Property subtype
    Land or Vacant Lot

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    Listing Contact
    CHARLES D JAMISON
    CHARLES D JAMISON

    Listing agent CHARLES D JAMISON License #651314

    Listing office CHARLES H. JAMISON, LLC

    Listing date Jan 12, 2026

    Source Corcoran

    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 CHARLES H. JAMISON, LLC

    HighLights

    • High‑Capacity Grain Storage: Over 350,000 bushels with a high‑speed 2000 bushel/hour elevator leg.
    • Large Insulated and Heated Shop: Boasts 20' ceilings, large overhead doors, a commercial crane, and a heated concrete floor.
    • Extensive Equipment Storage Building: 300' x 70' space with 15 tall doors and electric.
    • Truck Scales: Equipped with a 72‑foot Toledo truck scale (120,000 lbs capacity).
    • Modern Grain Dryer: Features a 5‑year‑old Superb Energy 6Q series dryer by Brock.
    • Three‑Phase Power: Provides ample power for operations.

    Overview

    This agricultural grain storage facility is situated on approximately 80 acres of prime farmland. It includes a 300' x 70' equipment storage building with 15 doors, each 16’5” tall, featuring a center partition and electric. The shop measures 120’ x 85’ with 20’ ceilings, equipped with four large overhead doors (two are 26’ wide x 16’ tall, and two are 16’ wide x 14’ tall), two man doors, two commercial-sized exhaust fans, and overhead LED lighting. The shop is fully insulated with a heated concrete floor and a propane heater that is approximately one year old. It also features a commercial 2-ton crane with 9 yards of concrete anchoring, four tool/storage bays, and an office space measuring 15’ x 11’4”. Additionally, there is a 100’ x 41’ commodity storage building with concrete walls and five bays. The grain storage facility includes a 40’ 5-year-old Superb Energy 6Q series dryer by Brock, a 150,000-bushel bin, an 82,000-bushel bin, an 84,000-bushel bin, a 10,000-bushel wet bin, and two 10,000-bushel bins. It also has a large elevator leg with a capacity of 2000 bushels per hour and other elevator legs with a capacity of 1200 bushels per hour. The property is equipped with a 72-foot-long Toledo truck scale, capable of weighing up to approximately 120,000 lbs. The property also features three-phase power.

    Local Financial Insights For Warehouse

    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 $335.2k $15.96
    − Vacancy −$21.8k −$1.04
    EGI $313.4k $14.92
    − OpEx −$47.0k −$2.24
    NOI $266.4k $12.68
    21,000 SF · lease $15.96/SF/yr · vacancy 6.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $3.81M
    $3.33M – $4.44M (±1% cap)
    NOI $266,368 @ 7.0% cap · market cap 6.66%
    Second Best
    Industrial
    $2.93M
    $2.56M – $3.42M (±1% cap)
    NOI $205,065 @ 7.0% cap · market cap 5.13%
    Theoretical Best
    Specialty Retail
    $7.39M
    $6.46M – $8.62M (±1% cap)
    NOI $517,112 @ 7.0% cap · market cap 12.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Suggested Use

    Real Estate Agency Auto Repair Shop Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Gaithersburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1527
    Latitude
    39.2731

    FAQs

    What type of property is this?
    Agricultural property - Grain storage facility on almost 80 acres of farmland.
    Where is this agricultural property located?
    The property is located at 7511 Damascus Rd Gaithersburg, MD.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: High‑Capacity Grain Storage: Over 350,000 bushels with a high‑speed 2000 bushel/hour elevator leg.; Large Insulated and Heated Shop: Boasts 20' ceilings, large overhead doors, a commercial crane, and a heated concrete floor.; Extensive Equipment Storage Building: 300' x 70' space with 15 tall doors and electric.
    More about this property
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