10078 Tyler CtIjamsville, MD 21754

Property Details for 10078 Tyler Ct

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

9.77 AC

Property size (Sq ft)

16,400 SF

Zone code

LI

Property type

Industrial properties

Property subtype

Loft space

APN

07-214286

APU

7214286

Description

This exceptional Ijamsville, Maryland industrial property offers a unique investment opportunity encompassing 9.77 acres of land. The portfolio includes four buildings totaling 28,000 square feet of flexible space, perfectly suited for a variety of uses. The main building boasts 8,000 square feet of office space, including a mezzanine level, and 16,000 square feet of warehouse space distributed across two levels, equipped with nine grade-level roll-up doors. Ample parking is available with 34 spaces. In addition to the main building, there's a 12,000 square foot tension fabric structure featuring 36-foot ceilings and two loading docks, and a smaller 4,500 square foot tension fabric structure. Significant outdoor storage is also available, totaling 60,000 square feet. The property is zoned LI and conveniently located off I-270 at exit 22, in Frederick County's southernmost industrial park. Utilities consist of a well and septic system. The asking price for the entire portfolio is $6,800,000. Lease options are available, starting at $12 per square foot plus NNN charges for spaces ranging from 2,000 square feet. This property presents a rare opportunity to acquire a versatile and well-located industrial complex.

• CAP approach

  CAP return

  Valuation

  6%

  $4,840,176

  6.5%

  $4,467,855

  7%

  $4,148,723

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,082,475

  Geo Method

  $5,082,475

• Alternative Use

  Use

  Valuation

  Residential

  $4,467,855

  Hospitality

  $4,092,531

  Educational

  $3,404,938

  Medical

  $3,522,039

  Retail

  $5,296,570

Location Insight

City

Ijamsville

County

Frederick

State

Maryland

Latitude

39.2906

Longitude

-77.3171

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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