About 700 Marvel Rd
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. .
Features of 700 Marvel Rd
| MLS® # | MDWC2018690 |
|---|---|
| Price | $5,200,000 |
| Bathrooms | 0.00 |
| Square Footage | 39,600 |
| Acres | 6.28 |
| Year Built | 1993 |
| Type | Commercial Sale |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 700 Marvel Rd |
|---|---|
| Area | Wicomico Northwest (23-01) |
| City | SALISBURY |
| County | WICOMICO-MD |
| State | MD |
| Zip Code | 21801 |
| Senior Community | N |
Amenities
| Utilities | Electric Available, Propane |
|---|---|
| Parking Type | Parking Lot |
| Parking | Paved Parking, Lighted Parking |
| Is Waterfront | No |
Interior
| Heating | Heat Pump(s) |
|---|---|
| Cooling | Zoned |
| Fireplace | No |
| Has Basement | No |
| Central Air | N |
Exterior
| Exterior | Block |
|---|---|
| New Construction | N |
| Foundation | Slab |
School Information
| District | WICOMICO COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | June 27th, 2025 |
|---|---|
| Days on Market | 131 |
| Zoning | IP |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | SVN |Miller Commercial Real Estate |
|---|---|
| Contact Info | 410-543-2440 |