445 Makemie Rd, Pocomoke City, MD 21851
Mixed-use warehouse and retail space with Route 13 visibility.
- Added:
- Nov 6, 2021
- Days on Market:
- 1704
- Last Refresh:
- May 19 at 8:39 pm
Property Features for 445 Makemie Rd
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 25.00 Acres
- Property subtype
- Industrial
Listing office NAI Coastal - Salisbury
Listing date Nov 6, 2021
Source Crexi
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 - Salisbury
HighLights
- +/- 2,400 SF of Mixed‑use Warehouse and Retail space
- Located adjacent to Route 13
- Ideal for office, retail, industrial, and storage use
- Route 13 visibility
- 25 acres of property included
- Located just outside downtown Pocomoke City, MD
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.3k | $15.96 |
| − Vacancy | −$2.9k | −$1.20 |
| EGI | $35.4k | $14.76 |
| − OpEx | −$10.6k | −$4.43 |
| NOI | $24.8k | $10.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pocomoke City
- County
- Worcester
- State
- Maryland
- Longitude
- -75.5460823
- Latitude
- 38.013612
