Delmar, MD 21875,9373 OCEAN HWY
Delmar, MD 21875,9373 OCEAN HWY
Delmar, MD 21875,9373 OCEAN HWY
$1,200,000
Est. payment /mo
$1,380,000
13.0%
Est.Price: ?

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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

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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Bright MLS (BMLS)
Listed by Henry Hanna • SVN |Miller Commercial Real Estate
Bought with Brent Miller • SVN |Miller Commercial Real Estate

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Irma Rodriguez

+1(302) 357-1823

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