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12620 Crain Hwy - Morgantown 334 Acres of Industrial Land in Newburg, MD 20664
INVESTMENT HIGHLIGHTS
- Includes 1,100 MW of Interconnection Rights
- Rare Intermodal Facility
- Power Infrastructure
- Near Washington, D.C. Metro Area
- Ideal for Heavy Industrial Uses
EXECUTIVE SUMMARY
Cushman & Wakefield, as exclusive advisor, is pleased to offer the fee simple interest in a 334-acre heavy industrial, intermodal redevelopment opportunity in southern Maryland. The Morgantown Generating Station (the “Property“) sits along the eastern edge of the Potomac River, just south of the new Route 301 bridge (Henry Nice Bridge). The site is ideal for heavy industrial or alternative energy users who can benefit from the existing CSX rail line, waterfront port access, and adjacent Potomac Electric Power Company (“PEPCO“) switchyard.
The site formerly served as a coal-fired power generating facility that ceased operations in June 2022. The Property is being sold as-is where-is.
The site formerly served as a coal-fired power generating facility that ceased operations in June 2022. The Property is being sold as-is where-is.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Industrial |
| No. Lots | 1 | Total Lot Size | 334.00 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | IH - Heavy Industrial. Intense Development Zone Overlay of the Chesapeake Bay Critical Area (“CBCA”) – Impacts approx. 180 Acres of the Property. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 334.00 AC |
| No. Stories | 1 |
| Zoning | IH - Heavy Industrial. Intense Development Zone Overlay of the Chesapeake Bay Critical Area (“CBCA”) – Impacts approx. 180 Acres of the Property. |
1 LOT AVAILABLE
Lot
| Lot Size | 334.00 AC |
| Lot Size | 334.00 AC |
Parcel #s: 0905017556
DESCRIPTION
Former 1,244 MW coal-fired power generating station that ceased operations in June 2022.
1 1
PROPERTY TAXES
| Parcel Number | 05-017556 | Improvements Assessment | $37,067,600 |
| Land Assessment | $22,616,400 | Total Assessment | $59,684,000 |
PROPERTY TAXES
Parcel Number
05-017556
Land Assessment
$22,616,400
Improvements Assessment
$37,067,600
Total Assessment
$59,684,000
CONTACTS
-
Michael Condon Jr. -
Erica Finck -
Reid Gratsch -
Kylie Rawn -
Peter Rosan -
Megan Williams -
Cushman & Wakefield
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12620 Crain Hwy - Morgantown
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