LandsofMaryland.com
#1 in Rural Real Estate Online

Land for sale including Commercial Property in Delmar Maryland

22 photos
$1,380,000 12.72 acres 19600 sqft
9373 Ocean Hwy, Delmar, MD 21875 - Wicomico County

12.72 acres Delmar, MD

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.
18 photos
$1,380,000 12.73 acres
9373 OCEAN HIGHWAY, Delmar, MD 21875 - Wicomico County

12.73 acres Delmar, MD

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.
3 photos
$325,000 1.7 acres 2466 sqft
9091 Ocean Hwy, Delmar, MD 21875 - Wicomico County

1.7 acres Delmar, MD

1.7 acres located just outside of Salisbury on Rt.13 in Delmar, MD. The property is currently being used as a small apartment complex and is producing income, but could be used for commercial development. Features that make this deal attractive: Direct access off of Rt.13. 500 Feet of Highway Frontage. Utilities are located on site. Stable tenants with short term leases provide immediate income and flexibility. Income can be used for carrying cost, while new owner works on future development plans. Current NOI: $22,889.69