1350 Bloomingdale Rd Queenstown, MD 21658
- Warehouses
- 42,200 SF
- 38.29 lot acres
Current Use by Public Records
- Jet Dock US & Kayak Dock / Boat Accessories Supplier / Boat Dealer
- Maryland Mattress Movers / Recycling Center
- Moniteq Research Labs Inc / Laboratory
Property Details for 1350 Bloomingdale Rd
- Year built
- 1970
- Construction
- BRICK
- Lot size
- 38.29 lot acres
- Property size
- 42,200 SF
- Zone code
- SI
- Property type
- Warehouses
- APN
- 05-011299
- APU
- 5011299
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $810,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,120,000
- 6.5%
- $1,065,000
- 7%
- $965,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $915,000
- Geo Method
- $945,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,160,000
- Retail
- $1,030,000
- Mixed-Use
- $1,150,000
- Hospitality
- $1,005,000
- Educational
- $1,145,000
- Residential Income
- $845,000
- Energy
- $1,030,000
- Income-Based Land
- $870,000
- Food Service
- $1,085,000
Location Insight
- Map
- Local Demand
- City
- Queenstown
- County
- Queen Anne's
- State
- Maryland
- Longitude
- -76.116
- Latitude
- 38.984
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
