This exceptional 334-acre industrial property in Newburg, Maryland, presents a unique redevelopment opportunity. Located in Charles County, at 12620 Crain Hwy, zip code 20664, this site boasts significant advantages for heavy industrial or alternative energy projects. The property is conveniently situated approximately 38 miles south of Washington, D.C., within the 5th largest US Metropolitan Statistical Area by GDP (2017 data). Its strategic location along the Potomac River provides waterfront access via an existing bulk material terminal, offering significant intermodal capabilities. The site benefits from direct access to Highway 301 (Crain Highway) and an existing CSX rail line connecting to northern Maryland and Virginia, enhancing logistical efficiency. The property is zoned IH (Heavy Industrial), permitting various uses including light and heavy manufacturing, distribution, storage, and more. Existing heavy industrial infrastructure from a former coal-fired power generating facility (operations ceased June 2022) remains on-site. Furthermore, the property's proximity to a PEPCO switchyard offers potential for PJM Interconnection, making it suitable for battery storage and solar projects. Alternative and renewable energy uses are feasible. The property is being sold as-is, where-is. The APN is 0905017556.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$44,553,284
Hospitality
$40,810,568
Educational
$33,953,912
Medical
$35,121,640
Retail
$52,817,200
Location Insight
City
Newburg
County
Charles
State
Maryland
Latitude
38.3607
Longitude
-76.9714
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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