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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. .
| DAYS ON MARKET | 1 | LAST UPDATED | 6/27/2025 |
|---|---|---|---|
| YEAR BUILT | 1993 | COMMUNITY | Wicomico Northwest (23-01) |
| COUNTY | WICOMICO | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | WICOMICO COUNTY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Wicomico Northwest (23-01) |
| CONSTRUCTION | Block |
| HEAT | Electric, Heat Pump, Natural Gas |
| LOT | 6.28 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Lighted, Paved, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 32902 |
| UTILITIES | Propane, Electricity Available |
| WATER | Public |
| ZONING | Industrial Park |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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