1007 CAROLINE DRIVEFEDERALSBURG, MD 21632

Commercial · 178,000 Sq. ft. | 15.40 Acres
$11,570,000 ACTIVE

1007 CAROLINE DRIVE Overview

Time on Site:
17 days
Visits:
0

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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1007 CAROLINE DRIVE Facts & Features

  • Type Commercial
  • Sq. ft. 178,000
  • Price/Sq.ft. $65
  • Lot 15.40 Acres

Details

General

Income/Expenses

  • Net Operating Income: 70772.00

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1984

Business Information

  • Business Type: Manufacturing,Warehouse

Location/Region

  • Country: US
  • County: CAROLINE
  • County Or Parish: CAROLINE
  • In City Limits: Yes

Parking Information

  • Total Parking Spaces: 100
  • Type of Parking: Parking Lot

Tax Information

  • City/Town Tax: 34025.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 38690.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $72,715.00
  • Tax Assessed Value: 4014600.00
  • Tax Year: 2025

General Information

  • Property Condition: Good
  • Property Sub Type: Industrial
  • Property Type: Commercial Sale
  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: ID2

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: None
  • Heating Fuel: None
  • Total Drive In Doors: 2

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 178000.00
  • Central Air: No
  • Hot Water: Electric

General Information

  • Accessibility Features: Level Entry - Main
  • Cooling: Ceiling Fan(s)
  • Flooring: Concrete
  • Foundation Details: Slab
  • Heating: None
  • Living Area Source: Assessor

Exterior

Building Information

  • Total Loading Docks: 16

Lot Information

  • Lot Size Acres: 15.40
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 670824.00
  • Lot Size Units: Square Feet
  • Road Responsibility: City/County
  • Road Surface Type: Black Top
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Metal Siding
  • Roof: Metal

General Information

  • Number Of Units Total: 1
  • Sewer: Public Sewer
  • Water Access: No

1007 CAROLINE DRIVE Neighborhood

Community

21632 (FEDERALSBURG) Demographics

44
Median Age
79
Population Density (per sq. mile)
20%
College Educated
$48,289
Estimated Median Income
1,520
Estimated Total Home Owners
976
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1007 CAROLINE DRIVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1007 CAROLINE DRIVE Market Data

Based on the last 30 days in this zip code

$264,251
Average List Price
$188
Average Price per Square Foot
6
Properties Sold
115
Average Days on Market
33
Properties for Sale
Calculations provided by Reliance Network

1007 CAROLINE DRIVE History

Date Event Value Agent
6/13/2026Source: BRIGHT MLS Added to Database
June 13, 2026
Listing provided courtesy of SVN/Miller Commercial Real Estate- MLS# MDCM2007448MLS ProviderContact Information: [email protected] - 4105432440