239 Leonard Lane, Salisbury, MD

Industrial for Sale - $325,000 - 8,960 Sq. Ft. on 1.18 acres

Sperry Van Ness - Miller Commercial

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Agent Info

NameHenry Hanna
CompanySperry Van Ness - Miller Commercial

Property Info

CIMLS #708203
Location239 Leonard Lane
Salisbury MD 21801
Last UpdatedJuly 3rd, 2018
TypeIndustrial
Price$325,000
Building8,960 Sq. Ft.
Land1.18 acres
DemographicsView data

Contact


Property Description

Warehouse w/office for sale in the Northwood Industrial Park. Currently divided into 4 units of warehouse w/small office area. All units have concrete slab flooring with a 14' roll-up door (4 doors total). Great opportunity for user / investor. Gas space heaters in the shop areas and electric baseboard in the office areas. New well July 2017.

Location Description:

County location, no city taxes. Just off Northwood Drive and the Northwood Industrial Park. Offers easy access to US Rt. 13, US Rt. 50 and the US Rt. 50 bypass. The Northwood Business Park is home to approximately forty manufacturers employing nearly 3,000 people.

Highlights:

>> 8,960 sq.ft. warehouse on 1.18 acres

>> Divided into 4 units offering shop w/small office area

>> 14' Overhead doors for each Unit.

>> New well July 2017.

>> County location - no city taxes

* Email for additional photos


Financials

Sales Info:

>> Cap rate: 8.73%

>> Commision split: 10.0%

>> NOI: $28381