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6500 Falls Road, Baltimore, MD 21209
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Live Auction Bidders – A $30,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 11:00 a.m. on Friday, September 11, 2026 (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).
Online Auction Bidders – A 10% deposit, payable by cashier’s check or wire transfer, is due by 4:00 p.m. on the day of auction. If you are unable to comply with the timeline, please do not bid online. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount.
A 6% buyers premium will be added to the high bid and becomes part of the contract price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and please see the Sample Contract.
To The Highest Bidder Over $250,000
Featuring Live Onsite & Simulcast Online Bidding
HAMPSTEAD
FLEX INDUSTRIAL BUILDING
ON 1.09± ACRES
16,340± Sq. Ft. GBA ✦ Light Industrial Zoning
Known As
4030 GILL AVENUE
Off Main Street
Hampstead, Carroll County, MD 21074
Online Bidding Opens
TUESDAY, SEPTEMBER 8, 2026
Live Onsite Auction
THURSDAY, SEPTEMBER 10, 2026
AT 11:00 A.M.
NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.
GENERAL INFORMATION:
After decades of ownership, the seller is retiring and has instructed us to bring 4030 Gill Avenue in Hampstead, Maryland to auction, selling to the highest bidder over $250,000. This flex industrial property was previously operated as a laboratory and offers a strong opportunity for value-add improvement or comprehensive redevelopment for a buyer with vision. Situated just one block from the center of Hampstead, the property combines small-town accessibility with the flexibility of an industrial-zoned asset. Don’t miss your chance to acquire this asset at a price set entirely by the market — bidding starts September 8th.
LOCATION:
Hampstead sits in the heart of Carroll County, Maryland, a region known for its blend of small-town character and strong industrial and commercial fundamentals. The town is positioned along MD Route 30, giving quick access to the greater Baltimore metropolitan area, roughly 30 miles to the south, while still offering the lower costs and easier logistics of a smaller community. Carroll County is home to thousands of national and international businesses, supported by an active Department of Economic Development that actively courts manufacturing, bioscience, technology, and logistics operators looking to expand or relocate. The broader highway network — including I-70, MD-97, and MD -40 — connects the region to I-695, I-795, and the Port of Baltimore, making it a practical base for companies that need reach throughout the Mid-Atlantic.
For a buyer looking to relocate or expand a business, Hampstead offers a skilled, stable workforce and a local business community that includes established employers such as Jos. A. Bank Clothiers, which is headquartered in town. For an investor, the property’s flex industrial classification and prior lab use provide built-in adaptability, appealing to tenants ranging from light manufacturing to specialized commercial users, all within a county actively working to attract and retain industrial tenants.
For a buyer considering redevelopment, the site’s proximity to Hampstead’s town center adds appeal for adaptive reuse concepts that could benefit from walkable access to local retail and services. Carroll County’s economic development office has also emphasized available infrastructure — from business parks to a county-owned fiber network — signaling a broader environment supportive of growth-minded users of commercial and industrial property. Add in a regional airport, active rail service through CSX and Maryland Midland Railway, and the fundamentals here support long-term value whether the buyer’s plan is to occupy, hold, or reposition the asset. In short, 4030 Gill Avenue offers a rare combination: small-town accessibility, big-region connectivity, and a property well-situated for whatever comes next.
For more information about the area, please visit:
Town of Hampstead – hampsteadmd.gov
Carroll County Government – www.carrollcountymd.gov
SITE:
Lot size: 1.09 acres, more or less, according to public tax records
The irregularly shaped lot fronts approximately 87’ on Gill Avenue with an average depth of about 550’. The paving at the front of the lot is level with Gill Avenue, functioning as one large curb cut. Driveway along the east side of the property, parallel with the rail line, providing access to the rear portion of the property.
Macadam paved parking areas for approximately 15 vehicles in front, and additional gravel parking area and turnabout in the rear suitable for cars, trucks or container storage.
Believed to be serviced by all public utilities
ZONING:
Zoned I-1 – Light Industrial (Carroll County)
According to the Carroll County Code, permitted uses include a variety of agricultural, communications, automotive, hospitality, recreation (including firearms), contractor operations, cannabis operations and production (dispensary if in conjunction with growing operation), manufacturing, brewery, distillery, solar energy generation, warehouse, laboratory and limited residential uses.
For more information about Carroll County Zoning, please visit:
Zoning Administration Office – www.carrollcountymd.gov
IMPROVEMENTS:
Two story free standing building at grade in the front and rear with loading dock. According to public tax records, the building was constructed in 1940 (believed to have been expanded in phases) and contains 16,340 square feet of gross building area. The building is arranged for office, laboratory space and storage.
Features Include:
The facility had been engaged in the production of Polyglycan, a medical device for horses. Any chemicals used at the facility are stated by the sellers to have been professionally removed. A Phase I Environmental Site Assessment is available after completion of a waiver and confidentiality agreement.
TITLE:
In fee simple; sold free and clear of all liens.
TAXES:
Published annual real estate taxes are $9,544.31 based on a full value tax assessment of $844,100, including State and County taxes. The property is not believed to be within the Town of Hampstead Real Property Tax district.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – A $30,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 11:00 a.m. on Friday, September 11, 2026 (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).
Online Auction Bidders – A 10% deposit, payable by cashier’s check or wire transfer, is due by 4:00 p.m. on the day of auction. If you are unable to comply with the timeline, please do not bid online.
Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the additional deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS, WHERE IS” condition, subject to easements, agreements, restrictions or covenants of record affecting same, and any Carroll County notices or violations, if any. Purchaser assumes the risk of loss from the date of contract forward. If the Seller is unable to convey good and marketable title, the purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser, except where otherwise mandated by local, State or Federal law. Time is of the essence. A 6% buyers premium will be added to the high bid and becomes part of the contract price.
Sale Conducted in Collaboration with
MacKenzie Commercial Real Estate Services, LLC
