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111 N School St 16,897 SF Vacant Industrial Building Greensboro, MD 21639 $757,977 CAD ($44.86 CAD/SF)
Investment Highlights
- 1.2-acre industrial parcel positioned within Caroline County’s Enterprise Zone with tax incentive eligibility.
- Recently replaced roof in 2025 reduces near-term capital expense requirements.
- Equipped with 3-phase power for industrial-grade electrical capacity.
- ±16,987 SF multi-tenant industrial building supporting warehouse and distribution functions.
- ±0.63 acres of outdoor storage area provides additional operational flexibility.
- Convenient Mid-Atlantic access with strong regional connectivity for distribution.
Executive Summary
Located in Greensboro, MD, the site offers proximity to Route 313 and regional connectors, enhancing logistical efficiencies across Delaware and Maryland. Enterprise Zone designation provides eligible tenants the potential benefit of state and local tax credits linked to employment and investment initiatives.
Property Facts
| Price | $757,977 CAD | Building Class | C |
| Price Per SF | $44.86 CAD | Lot Size | 1.14 AC |
| Sale Type | Investment | Rentable Building Area | 16,897 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1951 |
| Zoning | LC - Local Commercial | ||
| Price | $757,977 CAD |
| Price Per SF | $44.86 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.14 AC |
| Rentable Building Area | 16,897 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Zoning | LC - Local Commercial |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ober Automotive Warehouse
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ober Automotive Warehouse | Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
This industrial facility at 111 N School Street offers 16,987 square feet of adaptable space perfectly suited for warehouse, distribution, and light industrial operations. Positioned within Caroline County’s North County Enterprise Zone, tenants may qualify for state and local tax credits tied to job creation and capital improvement initiatives, adding financial benefits to the location. The property features multiple functional access bays, equipped for efficient loading and distribution. A recently completed roof replacement in 2025 minimizes maintenance concerns and enhances operational reliability. Additionally, the site provides 3-phase electrical service to accommodate modern power needs. Approximately 0.63 acres of exterior storage supports flexible uses, including fleet or equipment staging. Located near Route 313 and major regional roadways, this property ensures convenient connectivity to Maryland, Delaware, and other Mid-Atlantic markets. With reliable infrastructure and strategic proximity to established transportation routes, this facility delivers efficiency and accessibility for businesses seeking an industrial lease solution in a growing corridor.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 16,897 SF | Industrial | - | Now |
1st Floor
| Size |
| 16,897 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size | 16,897 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
This industrial facility at 111 N School Street offers 16,987 square feet of adaptable space perfectly suited for warehouse, distribution, and light industrial operations. Positioned within Caroline County’s North County Enterprise Zone, tenants may qualify for state and local tax credits tied to job creation and capital improvement initiatives, adding financial benefits to the location. The property features multiple functional access bays, equipped for efficient loading and distribution. A recently completed roof replacement in 2025 minimizes maintenance concerns and enhances operational reliability. Additionally, the site provides 3-phase electrical service to accommodate modern power needs. Approximately 0.63 acres of exterior storage supports flexible uses, including fleet or equipment staging. Located near Route 313 and major regional roadways, this property ensures convenient connectivity to Maryland, Delaware, and other Mid-Atlantic markets. With reliable infrastructure and strategic proximity to established transportation routes, this facility delivers efficiency and accessibility for businesses seeking an industrial lease solution in a growing corridor.
Property Taxes
| Parcel Number | 02-018713 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $379,815 CAD |
Property Taxes
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111 N School St
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