171 Main St Cecilton, MD 21913-1142
- Outlet malls
- 7,360 SF
- 0.54 lot acres
Current Use by Public Records
- UPS Authorized Shipping Provider / Shipping And Mailing Service / Mailing Service
- Mackies Direct / Hardware Store
Property Details for 171 Main St
- Year built
- 1969
- Construction
- BRICK
- Lot size
- 0.54 lot acres
- Property size
- 7,360 SF
- Zone code
- TC
- Property type
- Outlet malls
- APN
- 01-001671
- APU
- 1001671
Description
This Cecilton, MD property offers three warehouse buildings totaling 25,200 square feet for lease. The buildings are currently undergoing renovations to increase space and add amenities, including 3-phase electric power. Building 2, at 7,200 square feet, can be divided into two to four bays. Building 3, also 7,200 square feet, features overhead doors at each end. A third building in the rear offers approximately 10,800 square feet with multiple garage bays. The minimum leasable space is 1,800 square feet, with the maximum contiguous space being the entire 25,200 square feet. The property is zoned TC and located in Cecil County, Maryland, offering convenient access to major transportation routes. It's situated just 10 miles from Middletown, DE, 5 miles from Route 301, and 15 miles from Route 40. Tenants are responsible for interior build-outs. The property consists of three separate buildings, with a total of four suites available. The entire 25,200 square feet is currently vacant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $770,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,060,000
- 6.5%
- $1,215,000
- 7%
- $1,170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,060,000
- Geo Method
- $1,105,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,230,000
- Retail
- $930,000
- Mixed-Use
- $1,155,000
- Hospitality
- $1,125,000
- Educational
- $1,035,000
- Residential Income
- $935,000
- Energy
- $1,245,000
- Income-Based Land
- $1,050,000
- Food Service
- $1,030,000
Location Insight
- Map
- Local Demand
- City
- Cecilton
- County
- Cecil
- State
- Maryland
- Longitude
- -75.8717
- Latitude
- 39.4047
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA