9373 Ocean Highway
Delmar, MD 21875
MLS #WC9984319

    Est. P&I payment: $5270.66/mo
    Description for 9373 Ocean Highway, Delmar, MD 21875
    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. service/shop area with 16 truck bays and a wash bay with recycle water system. Recycle oil heat. 4,270 sq.ft. office with part & service counter. Rt. 13 access & signage. Security fencing. Clean environmental on file.
    MLS #WC9984319
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    My Notes for MLS #WC9984319

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Industrial
    • Comm Industrial Misc: Delivery Door,​Fence,​Overhead Doors,​Private Office,​Reception Area,​Signage Allowed
    • Zoning Code: C

    Exterior Features

    • Exterior: Concrete / Block,​Metal
    • Roof: Metal
    • Stories: 1
    • Lot Area Acre: 12.73
    • Lot Size Area: 554,519
    • Water Front: N
    • Road Frontage: 340
    • Parking Included In List Price: Y
    • Parking: Paved Driveway,​Surface,​Asphalt Driveway,​Gravel Driveway

    Interior Features

    • Gross SQFT: 19,600
    • Net SQFT: 19,600
    • Floor: Concrete
    • Drive In Door Height: 12' to 15'

    Utilities Features

    • Heating Fuel: Oil
    • Sewer Septic: Septic
    • Water: Well

    Financial Features

    • Price Per Square Foot: 70
    • Total Taxes: 6,868
    • Total Taxes Payment Freq: Annually
    • County Tax: 6,868
    • County Tax Payment Freq: Annually
    • Tax Year: 2016
    • Improvement Assessment Amount: 538,900
    • Improvement Assessment Payment Freq: Annually
    • Total Assessment: 538,900
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2016
    • Rent Income: 138,000
    • Gross Income: 138,000
    • Monthly Gross Rent: 11,500

    Community Features

    • City: 10000047795
    • County: Wicomico
    • HOA: N
    • Vacation Home: N
    • Roads: US Hwy/Interstate
    • Advertised Subdivision: N/A

    Misc Features

    • Property Condition: Shows Well
    • Load: Drive-In Door
    • Security: Security Gate
    • Year Built: 1967
    • Occupied: Yes
    • Tenancy: 3+ Year Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No
    • Present Use: Auto Dealer/Service,​Industrial


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    The listing information for 9373 Ocean Highway, Delmar, MD 21875 was graciously provided by our friends at the listing brokerage, SVN/Miller Commercial Real Estate

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    P&I Payment $5270.66
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    Last Updated 04/21/2018 at 2:23am
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