Property profile

12200 Massey Rd Massey, MD 21650

OFF-MARKET
Office buildings
Property ID
US40-0835082
720 SF 2.9 ac lot Built 1955
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

Prime 2.9-acre industrial land parcel located at 12200 Massey Road, Massey, MD 21650, is available for $350,000. This Kent County property boasts a convenient rail spur, adding significant logistical advantages for businesses requiring efficient freight transport. The site currently features multiple existing buildings, offering immediate potential for various industrial uses. The property is zoned C, providing flexibility for a range of development options. The sale includes a special or limited warranty deed, subject to a twenty-year restriction prohibiting the sale or distribution of agricultural chemicals, seed, or fertilizer. This restriction presents a unique opportunity for businesses seeking a strategic location without conflicting land uses. The property's location in Massey, Maryland offers access to key transportation routes and infrastructure, making it an attractive investment for businesses seeking to establish or expand their operations. The asking price of $350,000 represents a compelling value for this strategically located industrial land with existing infrastructure and rail access. Serious inquiries are encouraged to explore the full potential of this exceptional property.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1955
Construction BRICK
Total area 720 SF
Lot 2.9 ac (126,324 SF)
Zoning code I
APN 01-009311
UPID US40-0835082

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12200 Massey Rd Massey, MD 21650
Massey metro Census 950100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2024
Last sale
$150,000
2 recorded transactions
2024
$150,000
2008
Price N/A

Zoning & alternative use

I · Massey, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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