MD > Salisbury
Salisbury, MD 21801,700 MARVEL RD
Salisbury, MD 21801,700 MARVEL RD
Salisbury, MD 21801,700 MARVEL RD
Salisbury, MD 21801,700 MARVEL RD
Salisbury, MD 21801,700 MARVEL RD
Salisbury, MD 21801,700 MARVEL RD
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National Harbor Homes

National Harbor Homes

+1(301) 340-1533
Listed by Florence Brotzman • SVN/Miller Commercial Real Estate
$ 5,200,000
Est. payment | /mo

39,600 SqFt

Save
$ 5,200,000
Est. payment | /mo
Save

39,600 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 39,600 sqft

Price per Sqft $131

MLS Listing ID MDWC2018690

Year Built 1993

Annual Tax Amount $32,902

Tax Year 2024

Lot Size 6.280 Acres

Acres 6.28

Lot Dimensions 0.00 x 0.00

Property Sub-Type Industrial

Source BRIGHT

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. .

Location

State MD

County Wicomico

Area Wicomico Northwest (23-01)

Zoning IP

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Zoned

Flooring Concrete

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 80.0

Utilities Available Electric Available, Propane

Water Access N

Street Surface Black Top

Accessibility Level Entry - Main

Road Frontage City/County

Total Parking Spaces 80

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 2309065202

Ownership Fee Simple

SqFt Source Assessor

Security Features Security System,Smoke Detector,Sprinkler System - Indoor

Special Listing Condition Standard

Bright MLS (BMLS)
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+1(301) 340-1533

nationalharborhomes@gmail.com

4550 CRAIN HIGHWAY SUITE 100

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