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    700 Marvel Rd Salisbury, MD 21801

    For Sale
    $5,200,000

    39,600 SF industrial property with two tenants and new leases.

    Property size:
    39,600 SF

    Property Features for 700 Marvel Rd

    General Information

    Size
    39,600 SF

    Building Details

    Year built
    1993

    Source: Flo Brotzman Agent Flo Brotzman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Investment in Salisbury, MD

    Located at 700 Marvel Road in Salisbury, MD, this 39,600 SF industrial property presents an investment opportunity. Constructed in 1993 and zoned for Industrial Park, the property is suited for warehouse and distribution use. It features convenient access to US Route 50 bypass and US Route 13, ample parking, and easy dock and drive-in door accessibility. The property is located in the Northwood Industrial Park, offering convenient access to Wicomico County, and parts of Sussex, Dorchester, and Worcester Counties. Recent renovations to the property total over $1,000,000. There are two tenants with new 5-year leases in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Filtronic Engineer

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Storage Wise of Salisbury, Northwood Rv & Boat Storage, CubeSmart Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5891089
    Latitude
    38.4002564

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    FAQs

    What type of property is this?
    Warehouse - 39,600 SF industrial property with two tenants and new leases.
    Where is this warehouse located?
    The property is located at 700 Marvel Rd Salisbury, MD.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: - High NOI of $389,594 and a 7.49% cap rate.; - Two established tenants with new 5-year leases in place.; - Over $1,000,000 in recent renovations.
    (410) 726-0966
    Request Owner's contact information
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    Salisbury, MD 21801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 Marvel Rd Salisbury, MD 21801
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