$1,200,000
$1,380,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
19,600 SqFt
SOLD DATE : 05/10/2018
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 19,600 sqft
Price per Sqft $61
Subdivision None Available
MLS Listing ID 1001633110
Sold Date 05/10/18
HOA Y/N N
Originating Board CAR
Year Built 1967
Lot Size 12.720 Acres
Acres 12.72
Lot Dimensions to be determined
Property Description
Investment - Truck Sales & Service Facility. $138,000 annual income, 10% cap rate. Lease expires May 2020. Industrial facility with 19,600 sq.ft. on 12.73 acres. 15,540 sq.ft. is service/shop area with 16 truck bays and a wash bay with recycle water system. Recycle oil heat system. 4,270 sq.ft. office with parts area, customer service, sales, conference rooms and private offices. 340 frontage on US Rt. 13 with direct access and signage. Security fencing. Property has been well taken care of and has a clean environmental report on file. Concrete block and pre-engineered steel construction. Plentiful parking for customers, trucks and trailers.
Location
State MD
County Wicomico
Area Wicomico Northeast (23-02)
Zoning GEN COMMERCIAL
Interior
Flooring Concrete
Exterior
Waterfront N
Water Access N
Roof Type Metal
Street Surface US Highway/Interstate
Road Frontage Public
Garage N
Building
Foundation Slab
Sewer Septic Exists
Water Well
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 013309
Ownership Fee Simple
SqFt Source Estimated
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Bought with Brent Miller • SVN |Miller Commercial Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "