1007 Caroline Drive
$11.57M
Classification: DC-Convertible Building
Existing building with industrial characteristics suitable for repurposing
Site Map & Areas
This listing has not been placed on the map yet, so site areas cannot be drawn.
Technical Specifications
- Acreage
- 15.4 acres
- Building Size
- 178,000 SF
- Zoning
- ID2 - General Industrial District
Description
This 178,000-square-foot industrial facility sits on 15.4 acres within the Caroline Industrial Park in Federalsburg, an Opportunity Zone offering significant tax advantages for qualifying investments. The building features 31-foot clear height at center and 24-foot eaves, with 16 dock-high doors, two drive-in bays, and a fully sprinklered dry system. Approximately 148,000 square feet is available for end-user occupancy, currently generating $70,772 in net annual income. The site benefits from established industrial park infrastructure including three-phase electricity, natural gas, municipal water and sewer, broadband internet access, and paved road frontage. Located just minutes from Highways 318 and 404, the property provides efficient connectivity to regional distribution networks and access to the Mid-Atlantic corridor. The existing heavy industrial shell, ample acreage, and available utilities position this asset for potential data center conversion or expansion.
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