0 Carroll Clark RdGalena, MD 21635

Property Details for 0 Carroll Clark Rd

Lot size

86.00 AC

Property type

Land

Property subtype

Industrial properties

Description

This exceptional 86-acre industrial land parcel presents a compelling investment opportunity in Kent County, Maryland's Route 301 Growth Corridor. Strategically located on Carroll Clark Road, the property boasts over 2,500 feet of frontage along Route 301 and an additional 1,295 feet along Carroll Clark Road, providing unparalleled accessibility to Middletown, Delaware, and Route 1. Zoned Employment Center (EC), this site is eligible for Kent County and Maryland State incentives, maximizing potential returns. The property's layout includes approximately 46 acres currently utilized for agricultural purposes, and approximately 19 acres designated as Forest Conservation. A pre-existing perc site for a mound system is in place, simplifying development planning. While a cell tower is situated on the property, it currently generates no annual income. This fee-simple ownership opportunity offers a long-term lease expiration date of May 1, 2061, representing a remaining lease term of 36.5 years. The asking price is $1,250,000, translating to a land value of $14,535 per acre. Recent lot line adjustments have divided the original 176 acres into two parcels, with this offering comprising the 86-acre Lot 1. Its prime location and development-ready status make this an ideal investment for discerning buyers seeking significant growth potential in a thriving area.

Location Insight

City

Galena

County

Kent

State

Maryland

Latitude

39.2958

Longitude

-75.8514

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