412 Railroad Ave Federalsburg, MD 21632
Property profile & analytics
412 Railroad Ave Federalsburg, MD 21632
- Industrial properties
- 4.66 lot acres
Property ID
US40-0712666
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- M&M Carnot / Industrial Manufacturer / Production Facility
Property Details for 412 Railroad Ave
- Lot size
- 4.66 lot acres
- Zone code
- ID2
- Property type
- Industrial properties
- APN
- 05-029481
- APU
- 5029481
Description
This exceptional 100,336 sq ft industrial property in Federalsburg, MD, sits on 7.93 acres and boasts multiple buildings constructed between 1956 and 2008. The complex features concrete block and steel framing, with recent additions in pre-engineered steel. Improvements include standing seam metal roofs (2020), updated electrical services, and varying ceiling heights from 9 to 35 feet. Heating, ventilation, and air conditioning are present throughout, with cold storage areas equipped with refrigeration. The property is currently leased to M&M Refrigeration, LLC (a Johnson Controls International subsidiary) under a triple net lease through 2033 with two five-year options and annual rent adjustments based on CPI or 2%, whichever is higher. The current annual rent from M&M Refrigeration is $298,120.08. A smaller portion is leased to Jack and Jill, an ice cream distributor, on a month-to-month basis, generating $21,600 annually. The total annual net income is $319,720.08, yielding a 7.52% cap rate at the asking price of $4,250,000. An additional 4.66 acres of undeveloped land may be available separately. Comprehensive due diligence materials, including surveys, leases, environmental reports, are available upon execution of a non-disclosure agreement.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Federalsburg
- County
- Caroline
- State
- Maryland
- Longitude
- -75.7791
- Latitude
- 38.6854
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,939
$102,500
$0.00
$102,500
-
$102,500
$0.00
$102,500
