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    OFF-MARKET
    Commercial real estate

    442 Baker Farm Rd, Oakland, MD 21550

    390 ac lot
    Property ID
    US40-0719081
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire a 390± acre certified organic farm in Garrett County, Maryland, offered in two tracts at auction on November 20, 2024, at 12 PM. This expansive property boasts 195+ acres of tillable land, providing significant agricultural potential. The main tract (339± acres, 150± acres tillable) includes a substantial farmhouse featuring 5-6 bedrooms and 2.5 bathrooms. Extensive farm buildings are also present, including a double-12 milking parlor (built 2017, milking ceased 2 months prior to listing), an office with sink, shower, and laundry facilities, a milk house, a 27x70, 130-cow holding area, a 38x68 loafing area, a 70x78 bank barn, a 30x50 equipment shed with a 28x30 shop bay, and approximately 12 energy-free waterers. A second tract encompasses 51± acres of farmland with beautiful views and approximately 45± acres of tillable land, along with approximately 1,300 feet of road frontage. This tract is also part of a farm preservation program. The property is conveniently located minutes from Deep Creek Lake and Mountain Lake. Property showings are scheduled for November 9th and 14th from 10 AM to 12 PM. The asking price is $2. This is a rare opportunity to own a well-equipped, established farm in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 390 ac (16,988,400 SF)
    UPID US40-0719081
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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