1945 Northwood Dr

Salisbury, MD 21801
  • $450,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 4,012

    SqFt

About the Listing 123MCR - 3256030

5 year NN Lease commenced 8/1/2026 with a potential termination clause for Buyers, opening this offering to either an Investor, potential Day Care Operator, or the building with its Light Industrial zoning could be repurposed into a new use. Current Tenant has been in this location since 2018. Monthly rent is $3,500.00 NNN with the Tenant responsible for all CAM. NOI is $41,700 and at full price is a 9.27% cap rate. Landlord responsibilities include the roof, structure, and HVAC repairs over $1,500 per year. Floor plan and Lease are in the documents tab.

Listing Highlights

Status Active
Days on Site 14
Property Type Commercial Sale
MLS ® MDWC2023806
Year Built 2002
Total Square Footage 4,012
Lot/Acreage 0.92

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Heat Pump(s)
  • Fireplaces:
  • Floor:
  • 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: 25
  • Zoning: LI
  • Roof: Asphalt
  • Others: Good
  • Sewer: Public Sewer
  • Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $3,374
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

1945 Northwood Dr Salisbury, MD 21801

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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