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    OFF-MARKET
    Warehouses

    101 Calvary Rd, Churchville, MD 21028-1719

    2,688 SF 2 ac lot Built 1983
    Individually Owned 25-yr Hold Free & Clear
    Property ID
    US40-1053756
    Property summary
    AI-generated overview

    This exceptional Churchville, MD property offers a unique investment opportunity. The offering encompasses two parcels totaling 1.935 acres, as per the deed, featuring a historic mill building and a separate fertilizer storage shed. The main structure, located at 101 Calvary Road (Map 42, Parcel 234), boasts over 8,000 square feet of space, providing ample room for various commercial uses. The combined buildings offer extensive storage capabilities, ideal for businesses requiring significant warehousing or inventory space. The property is zoned VB, offering flexibility for a range of potential developments. Its strategic location provides convenient access to I-95, ensuring excellent connectivity and accessibility. While the property currently lacks a septic system, active collaboration with the Health Department is underway to secure approval for the installation of holding tanks. Furthermore, a new well has recently been drilled, addressing a key infrastructure need. The substantial size and versatile nature of this property make it an attractive prospect for entrepreneurs and investors seeking a significant commercial foothold in a well-situated location. The existing structures, while requiring potential renovation or repurposing, offer a solid foundation for a variety of commercial ventures. The ample acreage provides additional development possibilities, subject to local zoning regulations.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1983
    Construction BRICK
    Total area 2,688 SF
    Lot 2 ac (87,120 SF)
    Zoning code VB
    APN 03-065111
    UPID US40-1053756
    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
    • Tharpe & Green Mill Industrial Manufacturer Production Facility
    • Apple Cracker Deer Feed (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Tharpe C D · 25 yrs held
    Tharpe C D
    since 2000
    1 recorded transaction
    2000
    $119,500
    Zoning & alternative use
    VB · Churchville, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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