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    OFF-MARKET
    Office buildings

    12200 Massey Rd, Massey, MD 21650

    720 SF 2.9 ac lot Built 1955
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US40-0835082
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Massey Investments LLC · 1 yrs held
    Massey Investments LLC
    since 2024
    Last sale
    $150,000
    2 recorded transactions
    2024
    $150,000
    2008
    Zoning & alternative use
    I · Massey, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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