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Chesapeake Renewable Energy Solar Farm 2012 Costen Rd 2.36 - 11.32 Acres of Industrial Land for Lease in Pocomoke, MD 21851
Highlights
- This exciting development opportunity involving an income-producing solar farm is also currently for sale.
- Commercial tenants can tie directly into the solar farm, allowing for substantial savings on their energy capacity costs.
- This property not only offers sustainable energy generation but also comes with unique electricity-saving incentives for potential buyers or tenants.
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 2.36 - 11.32 AC |
| Lease Term | Negotiable |
| Rental Rate | |
| Lease Term | Negotiable |
| Lot Size | 2.36 - 11.32 AC |
There are 34.2 acres of available land out of a total 227.47 acres that comprise the solar farm and potential industrial complex. There are six lots, averaging 5.7 acres in size. They can be assembled in multiple configurations and are being offered as a ground lease or build-to-suit, or for sale - with or without the solar operations. The preferred target is a large energy user, or an investor/developer with interest in connecting directly into the solar farm and developing an industrial facility that has heavy electricity usage – such as distribution warehouse, refrigerated/cold storage facility, small manufacturing, large retail or food processing center. A single use industrial customer could potentially save over $250,000 per year in avoided electricity/ capacity costs. In addition, such a project could help meet the sustainability goals of the end user and stakeholders. In short, this is a highly unique "renewable energy savings" development opportunity.
Property Overview
The solar farm is designed to allow commercial tenants to tie directly into the power generation, allowing for substantial savings on their energy capacity costs. By integrating directly into this system, developers can enhance energy efficiency and take advantage of various incentives designed to promote renewable energy. Additionally, there are several commercial lots still available for development on the solar farm property. This presents a rare opportunity to create complementary businesses that can leverage the sustainability and energy cost benefits of being associated with the solar farm. Whether it’s constructing eco-friendly facilities or setting up enterprises that benefit from reduced energy costs, the potential for innovation and profit is significant. The Chesapeake Renewable Energy Solar Farm is located 23 miles south of Salisbury via US Route 13 and 35 miles southwest of Ocean City via US Route 113. This location is squarely in the middle of the two Chesapeake Bay bridges.
Property Facts
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Chesapeake Renewable Energy Solar Farm | 2012 Costen Rd
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