About This Home

This 0-bedroom, 0-bathroom other at 1007 CAROLINE Drive in Federalsburg, MD is listed for $11,570,000. Built in 1984, on a 15.40 acres lot.

Key Features

  • Built in 1984
  • 15.40 acre lot
  • 100 parking spaces

Property Details

100 spaces
1984
Listing 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.

Monthly Cost Estimate

$61,879/mo

20% down · 6.5% · 30 years

Principal$8,368
Interest$50,137
Insurance$3,375

Estimates only. Actual payments may vary.

Location

1007 CAROLINE Drive

Federalsburg, MD 21632

Property Details

Construction

Metal Siding

Parking

Parking Lot

Cooling

Ceiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom other at 1007 CAROLINE Drive is listed at $11,570,000. The estimated monthly payment is $61,879 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1984, 15.40 acre lot, 100 parking spaces.

This property is listed by Florence Brotzman.

FB

Florence Brotzman

License 597618

Agent at SVN/Miller Commercial Real Estate

Listed by SVN/Miller Commercial Real Estate · Broker phone: (410) 543-2440 · Broker website

MLS# MDCM2007448· Source: Bright MLS· 136 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1007 CAROLINE Drive, Federalsburg, MD 21632

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