Property profile

49676 Freemans Rd Dameron, MD 20628

OFF-MARKET
Other warehouses
Property ID
US40-2249048
9,296 SF 1.24 ac lot Built 1965
Trust Owned 13-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Circle C Oyster Ranch is an oyster aquaculture facility sited on 1.25 acres overlooking St. Jerome Creek. The property includes a large on-site building that is partially unfinished and requires a roof replacement. Aquaculture operations are supported by both a production lease area and a smaller nursery lease area adjacent to a pier, which is configured to reduce harvesting regulations; the production lease is approximately 2.27 acres (about 988,812 sq. ft.) and the nursery lease is approximately 5,000 sq. ft. An 8-foot-wide pier extends approximately 100 feet into St. Jerome Creek and includes two pier “fingers.” The grow-out oyster leases have been tested and approved by the Maryland Department of the Environment (MDE), and the facility has an active Shellfish Processing Plant License. The site is equipped with four walk-in coolers (three interior units and one exterior stand-alone unit), includes solar panels that are installed but not yet connected, and provides 220V three-phase electrical service along with high-speed internet access.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,296 SF
Lot 1.24 ac (54,014 SF)
Zoning code RPD
APN 01-043765
UPID US40-2249048

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
  • Industrial Manufacturer Production Facility

Location

49676 Freemans Rd Dameron, MD 20628-3106
Dameron metro Census 876200 CALIFORNIA-LEXINGTON PARK, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2013
4 recorded transactions
2013
$450,000
2003
$325,000
1999
$130,000
1969
Price N/A

Zoning & alternative use

RPD · Dameron, MD

Comparables

1 recent transactions · within 1.5 mi
Comparable in this city
1 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 49676 Freemans Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message