712 Brown St Salisbury, MD 21804
- Warehouses
- 18,760 SF
- 0.78 lot acres
Current Use by Public Records
- Warehouses
Property Details for 712 Brown St
- Year built
- 1940
- Construction
- BRICK
- Lot size
- 0.78 lot acres
- Property size
- 18,760 SF
- Zone code
- L-I
- Property type
- Warehouses
- APN
- 05-019990
- APU
- 5019990
Description
This exceptional 18,640-square-foot industrial building presents a compelling investment opportunity in Salisbury, Maryland. Situated on a substantial 1.68-acre lot, this property boasts a prime location with excellent road frontage on both Naylor Street (385 feet) and Brown Street (335 feet). Originally designed as a warehouse and service distribution facility, the building features six convenient drive-in, drive-through overhead doors, facilitating efficient loading and unloading operations. The property is zoned City of Salisbury Light Industrial, offering versatility for a wide range of business uses. The building benefits from a robust 3-phase electrical service, ensuring reliable power for demanding operations. Currently generating $84,000 in annual gross income from month-to-month leases (which can be included or excluded in the sale), this property offers significant potential for immediate return on investment and future growth. An appraisal from W.R. McCain, dated June 17, 2024, is available for review. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving Eastern Shore market. Additional details are available in the property data sheet.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Wicomico
- State
- Maryland
- Longitude
- -75.5893
- Latitude
- 38.3731
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
