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Investment Highlights

  • One of the largest single-ownership development sites currently available on Maryland’s Eastern Shore.
  • Location provides regional connectivity to the Chesapeake Bay Bridge corridor, the Delmarva Peninsula, Washington-Baltimore corridor and more.
  • Well-suited to a variety of development programs, including industrial, technology, agricultural, residential, pending government approvals.
  • ?County Seller — Transparent Process: The Seller is a public entity (Caroline County, Maryland), providing transactional certainty regarding title, de

Executive Summary

KW Commercial is pleased to present Mid-Shore Technology Park, a 92.02± acre development site located on the south side of Race Track Road in Ridgely, Maryland.
Owned by the County Commissioners of Caroline County, the property consists of seven parcels annexed into the Town of Ridgely and positioned for future industrial, technology, logistics, agricultural, residential, and mixed-use development.
The property is currently marketed as a single offering consisting of seven parcels totaling approximately 92.02 acres. While purchasers may evaluate alternative development concepts, maintaining unified ownership preserves maximum flexibility for master-planned industrial, technology, residential, agricultural, aviation-related, or mixed-use development.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • General Freestanding
  • Hold For Development
  • Industrial Park
  • Office Park
  • Self Storage
  • Single Family Development
  • Storefront, Retail or Office
  • Strip Center
  • Warehouse
  • Agricultural
  • Agribusiness
Total Lot Size 60.54 AC
Zoning I2 - Zoned industrial. Rezoning for other purposes possible.

1 Lot Available

Lot

Lot Size 60.54 AC

Total ±92.02 Acres-±70 acres raw land, ±22 acres w/infrastructure improvements-unoccupied tech park. Comprised of 7 generally level contiguous parcels annexed into the Town of Ridgely.

Description

Originally conceived as a regional business and technology park, the property has benefited from significant public investment, including roadway construction, parking facilities, stormwater management infrastructure, water and sewer service extensions, broadband connectivity, electrical distribution, lighting, and site improvements. The project was funded in part through Maryland economic development programs administered by the Department of Business and Economic Development (now the Maryland Department of Commerce). The property includes approximately 22 acres of improved land and approximately 70 acres of additional development acreage, providing a unique opportunity for a purchaser to acquire one of the largest publicly owned development sites on Maryland’s Eastern Shore. Unlike many development properties that require extensive entitlement work and utility planning, Mid-Shore Technology Park already possesses substantial infrastructure and utility investment. A 2024 engineering evaluation concluded that the Town of Ridgely possesses sufficient water capacity to support the property’s planned full build-out allocation of approximately 45,000 gallons per day and that the site’s water, sewer, roadway, and utility infrastructure remain largely intact, although certain repairs and upgrades to portions of the wastewater system are recommended.

Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
07-003714
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,974,367
  • Listing ID: 41736608

  • Date on Market: 8/13/2026

  • Last Updated:

  • Address: 23865 Race Track Rd, Ridgely, MD 21660

Contact the Sale Advisor

23865 Race Track Rd - Mid-Shore Regional Business Park

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