0.92 Acres Lot
0.92 Acres Lot
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWC2023806
Year Built 2002
Annual Tax Amount $3,374
Tax Year 2025
Lot Size 0.920 Acres
Acres 0.92
Property Sub-Type Special Purpose
Source BRIGHT
Property Description
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.
Location
State MD
County Wicomico
Area Wicomico Northeast (23-02)
Zoning LI
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 25.0
Water Access N
Roof Type Asphalt
Accessibility 2+ Access Exits, 36\"+ wide Halls
Total Parking Spaces 25
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 2309060014
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Nearby Locations
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