• Broker Cindy Genther 4106394003

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

View Photo

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

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

MAP

ADDITIONAL PHOTOS

View Photo Lot 1 is 86 acres
View Photo Other
View Photo HenLyn LLA signed 6-23-23