24038 RACE TRACK Ridgely, MD 21660

$2,999,999

Commercial Property for Sale in Ridgely, MD

for $2,999,999. This 21,123 square foot building was built in 1980 on a lot size of 26.2 Acre(s).

Property Information

  • $2,999,999
  • Commercial
  • 21,123 Square Feet
  • Taxes are $13,608
  • Industrial
  • Active
  • 1 Floors
  • Lot size of 26.2 Acre(s)
  • Built in 1980
  • Ridgely, MD
  • Caroline County
  • MLS/Web ID is CM7764713

 Virtual Tour

Description

Hugh price reduction !!! Special purpose. Not likely this can be replicated ! Ridgely Airpark, 3, 200' + runway/possible expansion Possible FAA Grant @95% for improvements & State Grants of @2.5%.Situated on 152 Ac +. Directly across from the new Caroline Co. Tech Pk. Public utilities in immediate area. T hangers, Maint hangers & Fuel Depot. Home to Hang Gliding, Sky Diving & Flgt Instructions.

Interior 2

Sewer

  • Septic System

Water Source

  • Well

Exterior 1

Parking

  • Unassigned Parking

Rental 1

Lease Terms

  • Mixed

† Excluded Feature

Listed By

Broker: W F CHESLEY REAL ESTATE, LLC.

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Pricing History

Date Price Price Change Description
6/25/2013 $2,999,999 -28.57 % Price Change
1/31/2012 $4,200,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Ridgely $349,467 88 % below $199,900 93 % below
Commerical listings in Ridgely $786,467 74 % below $362,450 88 % below
Sold listings in Ridgely $138,513 95 % below $149,000 95 % below

Local Sold History

Address Beds Baths Sqft Sold Price Sold Date Distance (miles)
23865 SEWARD RD
Ridgely, MD
4 1.00 0.00 $44,900 5/21/2014 0.70
13 ROBINS COURT
Ridgely, MD
4 2.00 0.00 $199,000 7/25/2014 0.99
9 ROBINS CT
Ridgely, MD
5 2.00 0.00 $219,000 9/20/2014 1.01
5 ROBINS CT
Ridgely, MD
4 2.00 0.00 $178,000 1/13/2015 1.04
12710 OAKLAND RD
Ridgely, MD
4 1.00 0.00 $188,500 12/12/2014 1.18

Get the facts about Ridgely, MD!

Population 1,664
Population Growth (since 2000) 19 %
Median Income $49,999
Median Age 31.96
Households w/ Children 45 %

Residential Dwellings

  • Owned 364
  • Vacant 58
  • Rented 245

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