601 Sunrise Ave Ridgely, MD 21660-1939
This exceptional 99,842 square foot industrial property, situated on a sprawling 17-acre lot in Ridgely, Maryland, presents a unique investment opportunity. Previously utilized as a high-volume distribution center for a national health and wellness company, this facility boasts a versatile layout ideal for a variety of uses. The building's front section encompasses approximately 5,000 square feet of well-appointed administrative offices, featuring a welcoming reception area, private offices, multiple conference rooms, and a convenient break room. This area is perfect for management and administrative staff. Adjacent to the office space is roughly 27,146 square feet of production space, offering 14-foot ceiling heights, suitable for various manufacturing or assembly processes. The rear of the building comprises a substantial 67,696 square foot high-bay warehouse, providing ample storage capacity with impressive 25- to 30-foot clear ceiling heights. Efficient loading and unloading are ensured by the inclusion of nine dock-high loading doors and one drive-in door. The property's expansive acreage and strategic location offer significant potential for expansion or future development. This is a rare opportunity to acquire a large-scale industrial property in a desirable location with excellent infrastructure. The property is offered at $3,993,680.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Ridgely, MDRidgely. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.