Auction to be held on-site at 12041 Cordova Road - Cordova, MD

PROPERTY INSPECTION: MONDAY, APRIL 22ND FROM 10AM-1PM

OPENING BID INCENTIVE - FORTNA AUCTIONEERS & MARKETING GROUP IS OFFERING A 3% REBATE BACK TO THE BUYER WHO SUBMITS THE HIGHEST OPENING BID AMOUNT FOR THE AUCTION. BIDDER MUST BE SELECTED AS THE HIGHEST OPENING BID AND MUST BE THE HIGHEST BIDDER WHEN THE AUCTIONEER CLOSES THE BIDDING TO RECEIVE THE 3% REBATE. PLEASE SEE MORE INFORMATION ON THE REGISTRATION FORM.

Exceptional Investment Opportunity on the Eastern Shore - Unlimited Income Potential!

Presenting an unparalleled offering in terms of size, scope, and opportunity.  Don’t miss this auction.  Our loss is your gain!  Industrial properties are in very short supply and high demand.  Properties like this do NOT come along often, so bring your designs and allow this property to provide tremendous cash flow opportunities.  You won’t get another opportunity for a cap rate like!  It’s 10 minutes from Easton, and 25 minutes from the Bay Bridge, so location, with the mixture of low taxes is the ideal setup.  Solar plans have already been designed for the property, however, the owner is retiring and with no succession plan, is passing the opportunity to you.  

Key Highlights:

• Extraordinary Cap Rate Potential: Unique investment with lucrative returns.
• Tremendous Free Cash Flow: Engineered for significant annual cash flow, bolstered by advanced solar energy plans.
• Solar Energy Plans: Designed for a four-megawatt output, offering a sustainable and profitable energy solution.  Will spin almost $2 million in free cash flow.
• Substantial Leasing Revenue: 100,000 square foot main building with leasing potential at $5-$7.50 per square foot.
• Comprehensive Facilities: Includes a fully rehabbed 10,000 square foot maintenance shop with full paint booth and equipment.
• Valuable Water Filtration Plant: Comes with an $8.9 million replacement value water filtration plant, expanding utility and opportunity.
• Ideal Location: Proximity to Chesapeake Bay Bridge and major traffic corridors enhances logistics and distribution efficiency.
• Versatile Industrial Zoning: Supports diverse uses like construction hubs, logistics companies, solar farms, and more.
• Almost non existent taxes, a mere $5k a year.  Most residential homes are more than that.
• Prestressed concrete
• In shell condition for a variety of possible uses.  Two years of demo and rebuilding invested into the property.

Potential Uses:

• Large-scale construction company operations.
• Logistics and distribution hub.
• Solar energy farm
• Produce processing plant
• Automotive auction or standard auction house

Improvements:

• 93 rolloff dumpsters of left over debris removed
• Electric fully restored
• 7 wells fully restored
• Water treatment facility with oxygenators and clarifiers restored
• Turn key collision and repair facility.
• All overgrowth removed.

This property offers unparalleled potential for development and investment, with a strong emphasis on sustainability and efficiency. Whether your vision includes harnessing solar power for revenue, tapping into the logistics market, or creating an industrial nexus, this estate provides the foundation for a prosperous future.  No games, no gimmicks, this property is the real deal.  To replace this type of property would cost tens of millions of dollars.  Just the 80 acres alone of raw land would cost in the millions to purchase and that wouldn’t include zoning, entrance permits, electric grid approvals, and even the build out of the electric would be well over $2 million alone.  Add the water treatment plant, the water license, the approvals involved, and you really have the ability to find strong value with tremendous upside.  The asphalt can be recapped, and the equipment to do so is already on site and available for purchase.  Call with any questions!

• Parcel ID#: 2104145070

• Commercial / Industrial (Front part of Property) / Agriculture (Back Part of Property)

• Acres: (+/-) 80 acres 

• Year Built: 1993 

• Taxes - Approx. $5645

• Building Units Total: 4 

• Building Total Square Footage: (+/-) 131,775 

• Loading Docks: 7 

• Drive-in Doors: 2

• Parking: Room for up to 70 parking spaces 

• Heating: Natural gas

• Cooling: Central A/C

• 7 Wells and Private sewer

• County: Talbot

• Active wastewater treatment plant included in this sale

• Phase 1 and 2 Studies have been completed, Approved.

• Truck Service Garage on-site with New Paint Booth

• Freight Elevator

• Trash Compactor

• Electrical Transformers have been rebuilt

• Truck Scale

Former poultry processing plant. Located on the eastern shore of Maryland less than an hour drive to the metro areas of DC and Baltimore. Ideal for manufacturing, processing, warehouse or other industrial uses. Loading areas, process rooms, office areas, free standing 10,000 SF vehicle maintenance facility. Water treatment system in place. Office space is a 2-story separate building. Features private wells with a small septic system. Property has two waste water ponds; one has a 10 million gallon capacity and the other a 3 million gallon capacity. Also included on the property is a sludge pond with a 1 million gallon capacity. Plant features 7 dock-high doors, double doors allowing forklifts to drive in at ground level, 16-18' ceilings and a separate truck maintenance facility. Total of 80 acres from two parcels. PROPERTY IS BEING SOLD AS IS.

*Owner is retiring