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Chaney Enterprises Sells 12.5 Acres Industrial Site In Owings MD For $3 Million

Property Image
SOLD
$3,000,000
Eddie Trujillo
Leila Sydykova

Maryland

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Industrial
Sold 02/06/2026
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Property Image
SOLD

Chaney Enterprises Sells 12.5 Acres Industrial Site In Owings MD For $3 Million

150 East Chesapeake Beach Road

See Similar Deals
Industrial
Sold 02/06/2026
Eddie Trujillo
Leila Sydykova
the dealplayerscompscontact
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Summary

MARYLAND
Asset Type:Industrial
Transaction Type:Sale

The property asset involved in the transaction is a former cement plant located at 150 East Chesapeake Beach Road, Owings, MD. The site encompasses 36.79 acres, with approximately 12.5 usable acres designated for light industrial use. It includes multiple existing industrial buildings and was sold for a transaction amount of $3,000,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,000,000
  • Address: 150 East Chesapeake Beach Road
  • Market: Owings, MD
  • Acres: 12.5
  • Previous Owner: Chaney Enterprises
  • Brokers: Eddie Trujillo & Leila Sydykova - Hyatt Commercial

Hyatt Commercial facilitated the sale and represented the seller, Chaney Enterprises, in the transaction. The property is zoned I-1 Light Industrial, allowing for a variety of light industrial applications, which provides flexibility for future development.

Players

Eddie Trujillo
Hyatt Commercial
Eddie Trujillo
2 deals$10M volume(443) 584-4490
BROKER
Leila Sydykova
Hyatt Commercial
Leila Sydykova
1 deal$3M volume(410) 266-8800
BROKER

Details

SOLD
IMAGE: 02/06/2026 ADDRESS: 150 East Chesapeake Beach Road MARKET: Owings, MD ASSET TYPE: Industrial ~ ACRES: 12.5 BROKERS: Eddie Trujillo & Leila Sydykova - Hyatt Commercial SALE PRICE: $3,000,000 NOTE: Hyatt Commercial brokered the $3 million sale of a 36.79-acre former cement plant in Owings, Md., zoned I-1 Light Industrial with about 12.5 usable acres and multiple existing industrial buildings. Chaney Enterprises sold the site, which allows a range of light industrial uses, with Hyatt Commercial’s Eddie Trujillo and Leila Sydykova representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$160,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37