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.
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
1007 CAROLINE DRIVE Monthly Cost
1007 CAROLINE DRIVE Market Data
Based on the last 30 days in this zip code
1007 CAROLINE DRIVE History
| Date | Value | Agent |
|---|---|---|
| 6/13/2026Source: BRIGHT MLS | June 13, 2026 |
Contact Information: [email protected] - 4105432440