Property profile

2 Maple Ave Ridgely, MD 21660

OFF-MARKET
Manufacturing properties
Property ID
US40-1229045
29,736 SF 1.73 ac lot Built 1978
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is an office/warehouse facility in Ridgely, Maryland, providing approximately 8,000 square feet of total space within a 1.85-acre lot. The building includes a warehouse portion of roughly 4,000 square feet designed for storage and operational use, with two loading docks and ceiling heights up to 25 feet. The office portion also totals about 4,000 square feet and features a reception area, six or more private offices, conference rooms, additional storage areas, and four bathrooms.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1978
Construction BRICK
Total area 29,736 SF
Lot 1.73 ac (75,359 SF)
Zoning code I1
APN 07-005741
UPID US40-1229045

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • IT Consulting Firm Tech Support Center
  • Church Mosque
  • Engineer
  • Training Center

Location

2 Maple Ave Ridgely, MD 21660-1923
Ridgely metro Census 955201
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$585k

Owner & transaction history

since 2023
6 recorded transactions
2023
Price N/A
2022
Price N/A
2022
Price N/A
2007
$1.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Ridgely, MD
Zoning description

This district provides for the selective warehousing and distributing, and for the selective manufacturing and fabricating of materials in low buildings with off street parking and loading and off street parking for empl…

General category INDUSTRIAL

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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