9529 Stephen Decatur Hwy Berlin, MD 21811-2675
- Warehouses
- 14,100 SF
- 1.85 lot acres
Current Use by Public Records
- Sunspecs / Wholesaler
Property Details for 9529 Stephen Decatur Hwy
- Year built
- 1986
- Construction
- BRICK
- Lot size
- 1.85 lot acres
- Property size
- 14,100 SF
- Zone code
- C-1
- Property type
- Warehouses
- APN
- 10-292549
- APU
- 10292549
Description
This exceptional 14,100-square-foot warehouse, situated in Worcester County, presents a unique investment opportunity. Built in 1986, the property boasts a single, sizable suite encompassing the entire building, offering flexibility for a variety of industrial uses. The warehouse features a 16-foot ceiling height, reaching 40 feet at its peak, and includes a convenient 15-foot overhead door for easy loading and unloading. A full bathroom is also conveniently located within the building. The property is well-maintained and includes a sprinkler system, ensuring safety and security. Beyond the building itself, approximately 6 to 7 acres of land provide substantial outdoor storage space, a significant advantage for businesses requiring ample yard space. This expansive lot offers significant potential for expansion or additional uses. The property's central location within Worcester County adds to its appeal, providing easy access to transportation routes and local amenities. The building is well-insulated and equipped with heating, making it suitable for year-round operation. This is a rare opportunity to acquire a substantial warehouse with significant land in a desirable location. The entire 14,100 square feet is currently vacant and available for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,775,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,365,000
- 6.5%
- $2,355,000
- 7%
- $2,520,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,215,000
- Geo Method
- $2,325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,590,000
- Retail
- $2,615,000
- Mixed-Use
- $2,570,000
- Hospitality
- $2,310,000
- Educational
- $2,730,000
- Residential Income
- $2,025,000
- Energy
- $2,455,000
- Income-Based Land
- $2,560,000
- Food Service
- $2,745,000
Location Insight
- Map
- Local Demand
- City
- Berlin
- County
- Worcester
- State
- Maryland
- Longitude
- -75.1208
- Latitude
- 38.3248
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
