This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
$11,570,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
Property 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.
Full Property Details
Full Property Details for 1007 Caroline Dr
General
- Price: $11,570,000
- Taxes: $72,715 (2025)
- Status: Active
- Type: Warehouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDCM2007448
- Updated: Today (6/13/2026)
- Added to Site: Today
Business
- Business Type: Manufacturing, Warehouse
Interior
- Flooring: Concrete
Parking
- Total Spaces: 100
- Parking Type: Parking Lot
Location
- Municipality: Federalsburg
- County: CAROLINE
- Driving Directions: 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 miles
- Location Details: Industrial Park
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: None
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Metal Siding
- Foundation: Slab
- Roof: Metal
- Drive-In Doors: 2
- # Loading Docks: 16
- Building Size: 178000
- Sq. Ft. Source: Assessor
- Year Built: 1984
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 15.4
- Lot Size (Sq. Ft.): 670,824
- Lot Size Source: Assessor
- Street/Road Desc.: Black Top
- Zoning: ID2
Financial Considerations
- Price Per Sq. Ft.: $65
- Assessment Year: 2026
- City/TownTax: $34,025
- City/TownTax Freq: Annually
- County Tax: $38,690
- County Tax Freq: Annually
- Tax w/Assessment: $4,014,600
- Tax Amount: $72,715
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by SVN/Miller Commercial Real Estate, Florence Brotzman
Get Pre-Approved Today
Schools
Schools serving 1007 Caroline Dr
School District:Caroline County Public Schools, Denton, MD
| Name | Grades | Distance |
|---|---|---|
Federalsburg Elementary School 302 South University Avenue, Federalsburg, MD 21632 | PK-5 | 0.3 mi |
Colonel Richardson Middle School 25390 Richardson Road, Federalsburg, MD 21632 | 6-8 | 5.3 mi |
Colonel Richardson High School 25320 Richardson Road, Federalsburg, MD 21632 | 9-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1007 Caroline Dr
Date
Details
Price
Change
Source
6/13/2026
Listed
$11,570,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1007 Caroline Dr
1007 Caroline Drive, Federalsburg, MD 21632 (MLS# MDCM2007448) is a Warehouse property. 1007 Caroline Drive is currently listed for $11,570,000 and was received on June 13, 2026. Want to learn more about 1007 Caroline Drive? Do you have questions about finding other Warehouse real estate for sale in Federalsburg? You can browse all Federalsburg real estate or contact a Coldwell Banker agent to request more information.

