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11670 Carroll Clark Rd - Henlyn Farms Lot 1

86 Acres of Industrial Land Offered at $1,777,500 CAD in Massey, MD 21635

Investment Highlights

  • Situated in Kent County's Rt. 301 Growth Corridor, this property is income-producing now with future development potential

Executive Summary

Strategically located between the major industrial hubs of Philadelphia and Baltimore, the site is just 8 miles south of the Rt. 301 Expressway connecting Rt. 1 and I-95. Permitted uses in the Employment Center zoning district include manufacturing, warehouse, distribution, R&D, agriculture, truck terminals and utility scale solar. List price is for Lot 1 which is 86 acres. The land is sub-dividable into minimum 20 acres parcels.

Financial Summary (Actual - 2021)

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $9,954 $115.74
Other Income - -
Vacancy Loss - -
Effective Gross Income $9,954 $115.74
Net Operating Income - -

Financial Summary (Actual - 2021)

Gross Rental Income (CAD)
Annual $9,954
Annual Per AC $115.74
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $9,954
Annual Per AC $115.74
Net Operating Income (CAD)
Annual -
Annual Per AC -

Property Facts

Price $1,777,500 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Hold For Development
  • Research and Development
  • Warehouse
Total Lot Size 86.00 AC

1 Lot Available

Lot

Price $1,777,500 CAD
Price Per AC $20,669 CAD
Lot Size 86.00 AC

Currently in agricultural use, the property is zoned Employment Center/Industrial. With 2,560 ft. on US Rt.301 this is a good location on a major north-south artery. Lot 1 is +/- 86 acres with approximately 46 acres tillable.

Description

With a total of 176 acres in two parcels, this is currently a working farm with 134 acres tilled in wheat and soybeans. There is a wooded area along the Rt. 301 property line that provides a privacy buffer. The Employment Center zoning allows for a variety of industrial-type uses including manufacturing, distribution, warehousing, data centers, etc. There's 7.2KV overhead power lines on the property and fiber optic cables installed along Carroll Clark Rd. Two existing wells can produce up to 1 MGD. There are approved perc sites

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-004662
Land Assessment
$164,427 CAD (2024)
Improvements Assessment
$16,301 CAD (2024)
Total Assessment
$180,727 CAD (2024)

zoning

Zoning Code IP
IP
  • Listing ID: 22588202

  • Date on Market: 2021-03-29

  • Last Updated:

  • Address: 11670 Carroll Clark Rd, Massey, MD 21635

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