Federalsburg, MD 21632,1500 INDUSTRIAL PARK DRIVE
Federalsburg, MD 21632,1500 INDUSTRIAL PARK DRIVE
Federalsburg, MD 21632,1500 INDUSTRIAL PARK DRIVE
$1,300,000
Est. payment /mo
$1,465,000
11.3%
Est.Price: ?

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29,000 SqFt
SOLD DATE : 04/28/2022

Key Details

Sold Price $1,300,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 29,000 sqft

Price per Sqft $44

MLS Listing ID MDCM125494

Sold Date 04/28/22

HOA Y/N N

Originating Board BRIGHT

Year Built 1981

Annual Tax Amount $12,806

Tax Year 2021

Lot Size 5.000 Acres

Acres 5.0

Property Description

Opportunity Zone - 29,000 sq.ft. manufacturing facility on 5 acres. Warehouse is fully heated and cooled. 2 - 10' docks with levelers and 1 - 10' drive-in door. Warehouse has compressed air lines and electrical rails. Racking included. Warehouse offers small private offices, tool room and multi stall restrooms. 3 phase electric. Column spacing of approximately 20'. Warehouse is heated by zoned oil heat (inspected and certified 5/2021). Ceiling height is 14' (12' to rafters). Roof was recoated 8/2020 and offers 5 year warranty. 2 exterior maintenance sheds. Fully sprinklered. 3,000 sq.ft. front office space offers private offices, kitchen, meeting room, owner's office with full restroom. Separate hvac for the office. 5 acre site offers room for expansion. The Federalsburg Industrial Park is located 1 mile from downtown Federalsburg on MD Route 313. The park is equipped with electricity, water, sewer, broadband access and offers paved roads and fire and police protection. The Maryland & Delaware Railroad line borders the park. The park is located near several ports: Baltimore 80 miles, Philadelphia 124 miles, Norfolk 170 miles and New York 207 miles. Property is currently under lease through 8/2023 at $10,312.50 per month rental income. ($103,125 net yearly income).

Location

State MD

County Caroline

Zoning ID2

Interior

Hot Water Electric

Heating Zoned, Other

Cooling Heat Pump(s)

Flooring Concrete

Heat Source Oil

Exterior

Garage Spaces 40.0

Waterfront N

Water Access N

Roof Type Metal

Street Surface Black Top

Accessibility Level Entry - Main

Road Frontage City/County

Parking Type Parking Lot

Total Parking Spaces 40

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Caroline County Public Schools

Others

Tax ID 0605026377

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System,Monitored,Security System

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Henry Hanna • SVN |Miller Commercial Real Estate
Bought with Wesley Cox • SVN |Miller Commercial Real Estate

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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