Auto Repair Shop with Inspection
519 BURTON STREET, Salisbury, MD 21801
For Sale
New
$650,000
Reception, office, and service areas accommodate vehicle inspections and repair work.
Property Size2,160 SF
Lot Size1.00 Acre
Price / SF$300.93
Days on Market4
Property Features for 519 BURTON STREET
General Information
Standard status
Size
Lot size
Property subtype
Automotive
Service Bays
Automotive Uses
Additional Details
Business Included
Real Estate Included
Amenities
reception area
waiting area
public restroom
private office with dedicated bathroom
roll-up doors
drive-through service
outbuildings
Building Details
Year Built
Buildings
Listing Agency:
NAI Coastal
(410) 543-5115
Listed By:
George Timothy Merritt · License MD #0681070
(443) 935-2277
Source:
Cummingsrealtors
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Coastal
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Investment Insights
Based on property information with market context.
Built in 1997, this 2,160-square-foot auto repair facility operates as a Maryland inspection station. The building includes a reception and waiting area, a public restroom, and a separate office with its own bathroom. Five roll-up doors serve the shop, including two 14-foot doors configured for drive-through service. Two detached outbuildings provide equipment storage.
The one-acre property includes four vehicle lifts, a pneumatic air system, headlight alignment tools, tire equipment, and a waste oil heating system. The business name and phone number are included in the sale, and a transition period may be arranged with the seller.
The one-acre property includes four vehicle lifts, a pneumatic air system, headlight alignment tools, tire equipment, and a waste oil heating system. The business name and phone number are included in the sale, and a transition period may be arranged with the seller.
Key Highlights
- 2,160‑square‑foot auto repair shop and Maryland inspection station
- Five roll‑up doors, including two 14‑foot doors for drive‑through service
- One‑acre property with two equipment‑storage outbuildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,525
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,500
$910.5K
Cap Rate 7%
$650,357
$650.4K
Cap Rate 9%
$505,833
$505.8K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$73.4K $33.96/SF
− Vacancy
−$8.3K −$3.85/SF
EGI
$65.0K $30.11/SF
− OpEx
−$19.5K −$9.03/SF
NOI
$45.5K $21.08/SF
Area
Wicomico County, MD
Vacancy
11.34%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,500
Cap Rate 7%
$650,357
Cap Rate 9%
$505,833
Alternative Uses
Best Use
Retail
$650.4K
$569.1K – $758.8K
NOI $45,525 @ 7.0% cap · market cap 7.00%
Second Best
Industrial
$175.0K
$153.1K – $204.1K
NOI $12,247 @ 7.0% cap · market cap 1.88%
Theoretical Best
Office A
$755.6K
$661.1K – $881.5K
NOI $52,891 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
4
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,695
Businesses Nearby
20k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Roses Discount Store
Shops & Services
13,211 visits/mo
0.2 miles
7-Eleven
Shops & Services
6,937 visits/mo
0.2 miles
Demographics for 21801, MD
31,183
Population
12,140
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
87%
High-School Grad
40.1 sq mi
ZIP Area
778
Density / Sq Mi
$67,140
Median Household Income
$36,290
Median Earnings
$1,058
Median Rent
$286,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Marylou Mobile Windshield Repair & Replacement LLC — 518 alabama ave, salisbury, md 21801
- Genesis Tire center #1 — 608 S Salisbury Blvd, Salisbury, MD 21801
- Absolut Tint & Graphic — 611 S Salisbury Blvd, Salisbury, MD 21801
- Garcia's Tire Shop — 104 Washington St, Salisbury, MD 21804
- Armor Cycle — 103 Washington St, Salisbury, MD 21804
Frequently Asked Questions
What type of property is this?
Auto shop - Reception, office, and service areas accommodate vehicle inspections and repair work.
Where is this auto shop located?
The property is located at 519 BURTON STREET Salisbury, MD.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,160‑square‑foot auto repair shop and Maryland inspection station; Five roll‑up doors, including two 14‑foot doors for drive‑through service; One‑acre property with two equipment‑storage outbuildings
