4240 JEFFERSON PIKE

JEFFERSON, MD, 21755

$3,000,000

$1,829 per ft²
$3,000,000
$1,829 per ft²
Pending
Pending
 - For Sale
baths
1 Bath
carpenters-square
1,640 ft²
property_type
Land
calendar
Built 1860
This farm has two uses: It has a cell tower with four carriers with a leasing income of $152,000/year. It also is an equestrian farm with a total of 55 acres. The bank barn has a climate-controlled environment for a hot/cold wash stall. tack room, 10 tack lockers, grooming area, clubroom, bathroom, and washer/dryer hook-up. Two additions feature (24) 12x12 stalls with rubber mats. Water and electric are accessible. There's a training barn with an office/tack room, feed/storage room, central matted tack area, (11) 12x12 stalls and (1) 12X14.5 stall with rubber mats and (6) with stall lights. Water and electric are accessible. There's an attached indoor arena (60x200). The pole barn (24x64) is on concrete. The equestrian area was leased out for $3600 per month but not in operation at the moment. On the southern eastern end of the property there's very old stone house which is not habitable. On the north end of the property there is a perc site for a future home. The driveway will have a shared maintenance agreement with two other property owners, The valuation of the property was considered on the basis of about $600,000 on the equestrian farm (7.1 % cap rate) and $2.4 million on the cell tower leases (7.1 % cap
MLS® ID:
MDFR2027832
Updated:
1/27/23
Keller Williams Realty Centre
Troyce Gatewood & Partners

Interior Features

Total Bedrooms
0
Total Bathrooms
1
Cooling
None
Heating
Space Heater

Exterior/Building Features

Lot Size
55.0 acres lot
Exterior Features
Above Grade, Below Grade
Architectural Style
Other
Sewer
Perc Approved Septic

School Information

School District
FREDERICK COUNTY PUBLIC SCHOOLS

Other Property Details

Taxes
$19121.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
FREDERICK
Water Source
Well
Pool
No
Zoning
AGRICULTURE
Sub Agency Compensation
2.5
Buyer Agency Compensation
2.5

Property History

Date
Event
Price
Value
12/24/22
Pending
-
-
11/30/22
Active Under Contract
-
-
11/27/22
Pending
-
-

Courtesy of Long & Foster Real Estate, Inc., Edwin Stanfield

Listing Contact:  

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Data last updated 7:28 PM UTC, 1/27/23

Keller Williams Realty Centre
Troyce Gatewood & Partners
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