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11670 Carroll Clark Rd - Henlyn Farms Lot 1 86 Acres of Industrial Land Offered at $1,250,000 in Massey, MD 21635

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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	ANNUAL PER AC
Gross Rental Income	$7,000	$81.40
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$7,000	$81.40
Net Operating Income	-	-

FINANCIAL SUMMARY (ACTUAL - 2021)

Gross Rental Income
Annual	$7,000
Annual Per AC	$81.40

Other Income
Annual	-
Annual Per AC	-

Vacancy Loss
Annual	-
Annual Per AC	-

Effective Gross Income
Annual	$7,000
Annual Per AC	$81.40

Net Operating Income
Annual	-
Annual Per AC	-

PROPERTY FACTS

Price	$1,250,000	Property Subtype	Industrial
Sale Type	Investment or Owner User	Proposed Use	Industrial Hold For Development Research and Development Warehouse
No. Lots	1	Total Lot Size	86.00 AC
Property Type	Land

Price	$1,250,000
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	$1,250,000	Lot Size	86.00 AC
Price Per AC	$14,534.88

Price	$1,250,000
Price Per AC	$14,534.88
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

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PROPERTY TAXES

Parcel Number	01-004662	Improvements Assessment	$11,500 (2024)
Land Assessment	$116,000 (2024)	Total Assessment	$127,500 (2024)

PROPERTY TAXES

Parcel Number

01-004662

Land Assessment

$116,000 (2024)

Improvements Assessment

$11,500 (2024)

Total Assessment

$127,500 (2024)

ZONING

Zoning Code	IP
IP

Listing ID: 22588202
Date on Market: 3/29/2021
Last Updated:
Address: 11670 Carroll Clark Rd, Massey, MD 21635

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11670 Carroll Clark Rd, Massey, MD for sale Building Photo- Image 1 of 5 — 86 acres on Lot 1

11670 Carroll Clark Rd, Massey, MD for sale Plat Map- Image 2 of 5 — Lot 1 is 86 acres

11670 Carroll Clark Rd, Massey, MD for sale Other- Image 3 of 5 — Other

11670 Carroll Clark Rd, Massey, MD for sale Site Plan- Image 4 of 5 — HenLyn LLA signed 6-23-23

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