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1007 Caroline Drive

FEDERALSBURG, MD 21632
  • $11,570,000
  • STATUS: Active
  • ON SITE: 84 Days
  • ID#: MDCM2007448
UPDATED: 50 min ago
$11,570,000
  • 0
    BEDS
  • 15.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1984
County:

School Ratings & Info

Description

This 178,000-square-foot industrial facility sits on 15.40 acres within an Opportunity Zone. The building features clear heights of 31 feet at the center and 24 feet at the eaves, along with 16 dock doors (including three pit docks), two drive-in doors, and a fully sprinklered dry-pipe fire protection system.The property currently generates $70,772 annual income. Approximately 30,000 square feet is leased, leaving 148,000 square feet available for an owner-occupant or additional tenant. Additional revenue is derived from leases on a portion of the parking lot and adjacent grassy areas, while still preserving ample acreage for future parking expansion or site improvements.Located within the Caroline Industrial Park, just one-half mile from downtown Federalsburg and minutes from Maryland Routes 318 and 404, the property benefits from excellent regional accessibility. The industrial park is fully served by electricity, natural gas, public water and sewer, broadband internet, paved roads, and dedicated fire and police protection, making it an ideal location for manufacturing, warehousing, distribution, and logistics operations.The property's strategic Mid-Atlantic location provides convenient access to several major ports, including Baltimore (80 miles), Philadelphia (124 miles), Norfolk (170 miles), and New York (207 miles). The surrounding region also offers a skilled workforce, competitive operating costs, and a business-friendly environment that supports continued growth and investment.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Dogrul Associates | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-09-06T21:53:38.107.
www.novapropertiesforsale.com/homes/177686080
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1007 Caroline Drive FEDERALSBURG, MD 21632

  • Price: $11,570,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 50 min ago
  • ID#: MDCM2007448
0
Beds
0
Baths
0
½ Baths
15.4
Acres
1984
Built
County:
Caroline
School District:
Caroline County Public Schools
Property Description
This 178,000-square-foot industrial facility sits on 15.40 acres within an Opportunity Zone. The building features clear heights of 31 feet at the center and 24 feet at the eaves, along with 16 dock doors (including three pit docks), two drive-in doors, and a fully sprinklered dry-pipe fire protection system.The property currently generates $70,772 annual income. Approximately 30,000 square feet is leased, leaving 148,000 square feet available for an owner-occupant or additional tenant. Additional revenue is derived from leases on a portion of the parking lot and adjacent grassy areas, while still preserving ample acreage for future parking expansion or site improvements.Located within the Caroline Industrial Park, just one-half mile from downtown Federalsburg and minutes from Maryland Routes 318 and 404, the property benefits from excellent regional accessibility. The industrial park is fully served by electricity, natural gas, public water and sewer, broadband internet, paved roads, and dedicated fire and police protection, making it an ideal location for manufacturing, warehousing, distribution, and logistics operations.The property's strategic Mid-Atlantic location provides convenient access to several major ports, including Baltimore (80 miles), Philadelphia (124 miles), Norfolk (170 miles), and New York (207 miles). The surrounding region also offers a skilled workforce, competitive operating costs, and a business-friendly environment that supports continued growth and investment.
Exterior Features

Construction Materials Metal Siding Garage YN No Location Type Industrial Park Parking Types Parking Lot Property Condition Good Road Responsibility City/County Road Surface Type Black Top Roof Metal Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 178000.00 Cooling Ceiling Fan(s) Flooring Concrete Heating None Net Square Feet 178000.00

Property Features

Accessibility Features Level Entry - Main Central Air YN No Cooling Fuel None Foundation Details Slab Heating Fuel None Hot Water Electric Municipality Federalsburg Navigable Water YN N Net Operating Income 70772.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 805029294082 Ownership Interest Fee Simple Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 72715.00 Total Actual Rent 203600.00 Vacation Rental YN No Water Source Public Zoning ID2 Zoning Description Industrial

Listing courtesy of SVN/Miller Commercial Real Estate: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Dogrul Associates | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-09-06T21:53:38.107.
 
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Debbie Dogrul Associates | EXP Realty
3918 Prosperity Avenue, Suite 114
Fairfax VA, 22031