Railroad Ave

0 Bedroom Real Estate has been listed for sale at 412 Railroad Ave in FEDERALSBURG for $75,000. Chat with a local expert, book a tour.

Federalsburg

412 Railroad Ave

412 Railroad Ave, For Sale in FEDERALSBURG - eXp Commercial Brokerage

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding will begin on Wednesday, September 17th &amp; ends Monday, September 22, 2025 at 11:30AM. Potential Commercial/Industrial Development Opportunity 4.66± Acres of Undeveloped Land in Federalsburg, MD This is a prime opportunity to acquire approximately 4.66 acres of undeveloped land located within the incorporated Town of Federalsburg in Caroline County, Maryland. The property is zoned Industrial, offering a range of potential commercial or industrial uses. Property Highlights: • Zoned Industrial within Federalsburg town limits • Surrounded by existing commercial development • No permanent structures currently on site • Legal Description: 4.66 AC L-10 A N/S BYPASS ROAD S OF FEDERALSBURG Location Overview: Federalsburg is situated on Maryland’s Eastern Shore, along the Delmarva Peninsula, in a region known for its accessibility and economic potential. The property is: • Approximately 10± miles west of the Delaware/Maryland state line • Roughly 33± miles north of Salisbury, MD • Close to nearby communities including Denton and Preston This property presents a strategic location for development, with infrastructure and other commercial facilities in close proximity. Important Note: All information provided is for informational purposes only. Buyers are encouraged to perform their own due diligence prior to bidding or purchase. The Town of Federalsburg has its own zoning department.

Very clean well--maintained Industrial Property. Excellent for a 1031 exchange. 100, 336 sq. Ft. Complex on 7.93 acres (Parcel 595 Tracts 1 and 2. Not included in the initial offer is Tract 3, 4.66 AC. Undeveloped lot, could be available). There are multiple buildings on the site, the earliest of which was constructed in 1956 as a poultry processing plant with additions built in 1988, 1994, 2001, 2002, and 2008. The construction is concrete block and steel framing with some timber framing; recent additions are pre-engineered steel buildings. The older buildings received standing seam metal roofs in 2020. Buildings are heated and ventilated with some areas air-conditioned and cold warehouse areas are equipped with refrigeration equipment. Heavy, up-to-date electrical services throughout. All other systems Ceiling heights vary from 9 to 35 feet.The primary tenant M&amp;M Refrigeration, LLC, a wholly owned subsidiary of Johnson Controls International, designs, manufactures, and installs custom industrial refrigeration equipment worldwide. There is a small portion (refrigerated dock space) leased by Jack and Jill, an ice cream distributor. The M&amp;M JCI lease runs through 2033 and has two five-year options. It is a triple net lease with an annual rent adjustment of the CPI or 2% whichever is higher. The current annual rent is $298, 120.08 Jack and Jill has been leasing its space for almost 40 years, currently month-to-month, but a signed lease could be acquired. Jack and Jill's current annual rent is $21, 600.00. To summarize, the property generates $319, 720.08 triple net. The property is offered for sale at $4, 250, 000, which yields a cap rate of 7.52%. Tract 3, 4.66 acres of undeveloped industrial land is not included in the offering and this time, but could be available. Upon receipt of a verified signed NDA (attached in Docs section), the following items will be made available: Alta survey showing all boundaries, improvements, easements, encroachments; Lease and amendment with lease exhibit; Maryland Dept. Of the Environment letter of no findings; Phase 1 environmental study; and Phase 2 environmental study. Please feel free to call the agent with any questions and to arrange a site visit if you like. Attachments

412 Railroad Ave, Federalsburg, MD

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