1. Maryland
  2. Salisbury
  3. 700 MARVEL RD
$5,200,000

700 MARVEL RD, Salisbury, MD 21801

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1993
  • Property Lot Size Icon6.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

7.49% Cap Rate - Introducing a prime industrial investment opportunity at 700 Marvel Road, Salisbury, MD. Two quality tenants with new 5 year leases in place. Current income $389,594 and tenants reimburses for taxes, insurance and CAM. Over $1,500,000 in recent renovations. This expansive, well maintained, 39,600 SF property is ideally suited for warehouse/distribution use. Zoned for Industrial Park, it boasts easy accessibility, with convenient connections to US Route 50 bypass and US Route 13, and ample parking with straightforward dock/drive-in door access. .

Listing Status:
Active
Listing Office:
SVN/Miller Commercial Real Estate : 4105432440
Listing Agent:
Florence Brotzman : 4105432419
MLS ID:
MDWC2018690
  • Flooring: Concrete
  • A/C: Zoned
  • Heating: Heat Pump(s)Natural GasElectric
  • Disability Feature: Level Entry - Main
  • Parking: Paved ParkingLighted Parking
  • General: BlockSlab
  • Originating MLS: BRIGHT_MAIN
  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • County: WICOMICO-MD
  • Zoning: IP2309065202
  • Utilities: Electric availablePropane3 phases
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Florence Brotzman, SVN/Miller Commercial Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Salisbury

1321 West Rd, Salisbury, MD, 21801

Grades PK-2

1.40 miles away

S

Salisbury Middle School

607 Morris St, Salisbury, MD, 21801

Grades 6-8

1.56 miles away

W

Wicomico High School

201 Long Ave, Salisbury, MD, 21804

Grades 9-12

2.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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#MDWC2018130 - SVN/Miller Commercial Real Estate