Property profile

28490 Naylor Mill Rd Salisbury, MD 21801

OFF-MARKET
Retail properties & Spaces
4,950 SF 3.34 ac lot Built 2021
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 7-Eleven convenience store and gas station situated on a substantial 3.34-acre lot in Salisbury, Maryland. The property, built in 2021, boasts 4,950 square feet and features 26 gas pumps, catering to the high traffic volume of approximately 39,000 vehicles daily. Located at 28490 Naylor Mill Rd, 21801, this strategically positioned property is part of the 250-acre Westwood Commerce Park and enjoys direct access to Bypass 50, a major thoroughfare leading to Ocean City, MD. The property benefits from limited competition and proximity to significant industrial employers like Perdue Farms. The 100% occupancy rate, achieved since November 21, 2021, generates a substantial Net Operating Income (NOI) of $272,901, resulting in an attractive 5.00% capitalization rate. The asking price for this single-story building is $5,458,013. This is a net lease investment. A wide array of major retail establishments are located within a 10-mile radius, further enhancing the property's value and potential for continued success. This is a rare opportunity to acquire a high-performing, established 7-Eleven in a thriving commercial area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2021
Total area 4,950 SF
Lot 3.34 ac (145,490 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union

Location

28490 Naylor Mill Rd Salisbury, MD 21801
Salisbury metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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