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1945 Northwood Drive

SALISBURY, MD 21801
  • $450,000
  • STATUS: Pending
  • ON SITE: 20 Days
  • ID#: MDWC2023806
Pending
UPDATED: 84 min ago
$450,000
  • 0
    BEDS
  • 0.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2002
County:

School Ratings & Info

Description

5 year NN Lease commenced 8/1/2026 with a potential termination clause for Buyers, opening this offering to either an Investor, potential Day Care Operator, or the building with its Light Industrial zoning could be repurposed into a new use. Current Tenant has been in this location since 2018.Monthly rent is $3,500.00 NNN with the Tenant responsible for all CAM. NOI is $41,700 and at full price is a 9.27% cap rate.Landlord responsibilities include the roof, structure, and HVAC repairs over $1,500 per year.Floor plan and Lease are in the documents tab.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Maryland & Delaware Group of EXP. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-08-11T18:53:45.477.
www.easternshorehomesolutions.com/homes/179063845
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1945 Northwood Drive SALISBURY, MD 21801

  • Price: $450,000
  • Status: Pending
  • On Site: 20 Days
  • Updated: 84 min ago
  • ID#: MDWC2023806
0
Beds
0
Baths
0
½ Baths
0.92
Acres
2002
Built
Neighborhood:
Wicomico Northeast (23-02)
County:
Wicomico
Area:
Wicomico Northeast (23-02)
School District:
Wicomico County Public Schools
Property Description
5 year NN Lease commenced 8/1/2026 with a potential termination clause for Buyers, opening this offering to either an Investor, potential Day Care Operator, or the building with its Light Industrial zoning could be repurposed into a new use. Current Tenant has been in this location since 2018.Monthly rent is $3,500.00 NNN with the Tenant responsible for all CAM. NOI is $41,700 and at full price is a 9.27% cap rate.Landlord responsibilities include the roof, structure, and HVAC repairs over $1,500 per year.Floor plan and Lease are in the documents tab.
Exterior Features

Construction Materials Combination Garage YN No Parking Types Parking Lot Property Condition Good Roof Asphalt Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4012.00 Cooling Central A/C Heating Heat Pump(s) Heating YN Yes Net Square Feet 4012.00

Property Features

Acceptable Financing Conventional Accessibility Features 2+ Access Exits36"+ wide Halls Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N Net Operating Income 41700.00 New Construction YN No Original MLSNumber 805169452910 Ownership Interest Fee Simple Property Sub Type Special Purpose Sale Type Standard Sewer Public Sewer Tax Annual Amount 3374.00 Vacation Rental YN No Water Source Public Zoning LI

Listing courtesy of SVN/Miller Commercial Real Estate: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Maryland & Delaware Group of EXP. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-08-11T18:53:45.477.
 
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The Maryland & Delaware Group of EXP
107 Williamsport Circle
Salisbury MD, 21804