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SALISBURY Maryland Real Estate Properties For Sale

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2324 N ZION DRIVE, SALISBURY, Maryland
MLS #: MDWC112350
0 Bedrooms
0 Bathrooms
0 Half Bathroom
Dwelling Type: Office
Area: Wicomico Northwest (23-01)
Status:
Year Built: 2019

Price: $5,300,000

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100% net leased investment property - Northwood Professional Center. Build in 2019 offering high quality construction and professional landscaping. Consists of 3 buildings totaling 25,207 sq.ft. on 2.61 acres of land. The property contains a total of 16 units. Building B offers 12' bay doors and Building C units offer 10' bay doors. First class finished office spaces with drywall, acoustical tile ceilings and ceramic tile and LVT flooring. All units are currently under new 5 years leases. Very attractive complex located just minutes from US Route 13 & US Route 50 bypass near shopping, restaurants and services. Property is situated in the Northwood Industrial Park which has access to all municipal services and is home to over 40 manufacturers. Located in an Enterprise Zone offering a 10 year local property tax credit to the owner. The amount of the tax credit is 80% for each of the first five years starting July 2020. In years 6-10 the credit decreases 10% annually.


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Property Details

Address: 2324 N ZION DRIVE SALISBURY ,
County:
MLS#: MDWC112350
MLS Area: Wicomico Northwest (23-01)
Property Sub-Type: Office
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Year Built: 2019
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List Price: $5,300,000
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Lot Acres: 2.61
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Annual St/Cnty Tax: $9,775
Annual City Tax: $3,400
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Full Baths: 0
Half Baths: 0
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Annual Trash Fee: $4,443
Annual Water Fee: $0
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LO: SVN/Miller Commercial Real Estate

Location Map

Map locations are approximate. Please contact one of our sales agents for additional location information.

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All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction.

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