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About the Listing 123MCR - 3256420,3255767
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 Highlights for 700 Marvel Rd
Status
Active
Days on Site
74
Property Type
Commercial Sale
MLS ®
MDWC2018690
Year Built
1993
Total Square Footage
39,600
Lot/Acreage
6.28
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Zoned
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 80
- Lot Dimensions: 0.00 x 0.00
- Zoning: Industrial Park
- Roof:
- Others: Good,Very Good
- Sewer: Public Sewer
- Parking Features: Paved Parking,Lighted Parking,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $32,902
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
700 Marvel Rd Salisbury, MD 21801
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