Industrial Space For Lease @ 502 Factory Ln

127,000 sq.ft. food manufacturing facility on 331 acres. Facility includes 65,000 sq.ft. frozen storage, 26,000 sq.ft. dry storage and 36,000 square foot processing area. Facility is located in Ridgely, MD.

The property also includes a Discharge Permit (Spray Irrigation) which expires 11/30/2023 and a State Water Appropriate & Use Permit (expires 8/31/31. The company has favorable electric contracts with Direct Energy that a buyer would assume.

PROPERTY OVERVIEW
Processing facility, cold storage units & freezers on situated on
a 9.68 acre site (3 parcels) is zoned I-2 (General Industrial). This parcel has 2
onsite wells.

65,000 sq.ft. freezer storage - IQF tunnel freezer by AFE - rated
for 20,000 pounds/hour. Ceiling heights are 21' Freezer space
to -5 degrees.

26,000 sq.ft. dry storage area with 21' ceiling height.

36,000 sq.ft. processing area offers open layout and floor
drains. Facility is currently used for processing spinach,
peppers, sprouts and mushrooms. Equipment is negotiable.

6.1 acres vacant parcel located adjacent to the site and the 22
acres parcel (currently being farmed) are zoned 1-2 (General
Industrial) as well.

22.476 acre site is zoned R-2 and could be used as Single -
Family Development Currently receiving Agricultural Tax
Assessment that could be continued for a new buyer.

287 acres contain spray irrigation. This parcel is NOT located in
the township of Ridgely and is zoned Caroline County Rural.
Can be used for a full range of agribusiness or low density
residential. Current receiving Agricultural Tax Assessment and
could be continued for a new buyer.

LOCATION OVERVIEW
Ridgely, Maryland is a beautiful rural town located within easy
driving distance of all East Coast cities:
69 miles to Washington, DC
70 miles to Baltimore
74 miles to Ocean City, MD
101 miles to Philadelphia
188 miles to New York City This space offers accomodations for: manufacturing.