1007 Caroline Drive

Situated on Caroline Drive, Federalsburg in the Caroline Industrial Park which is located 1/2 mile from downtown Federalsburg. This park is equipped with electricity, natural gas, water and sewer, broadband internet access, paved roads and fire and police protection. Just minutes from Highways 318 and 404. The park is located near several major ports: Baltimore—80 miles Philadelphia—124 miles Norfolk—170 miles New York—207 milesThis 178,000-square-foot industrial facility sits on 15.40 acres within an Opportunity Zone and offers an exceptional combination of investment income and owner-user flexibility. 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 net income from 3 tenants. 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.