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1108 Parsons rd - Wash it Car Wash & Mini Storage 13,600 SF Specialty Building Offered at $2,795,000 at a 8.34% Cap Rate in Salisbury, MD 21801
Investment Highlights
- Easily accessed from US Route 50
Executive Summary
Salisbury Car Wash and Mini-Storage Income Producing Property is located on Parsons Rd in Salisbury, MD. Easily Accessed from Traffic of West Salisbury Neighborhoods. Car Wash has 2 Automatic Washes, 4 Self-Serve Washes and 8 Vacuum Stations. Attached Mini-Storage Facility has 107 Units from 5'x10' to 10"x30" with Average Monthly Rentals of $130. Upside by Increasing Rental Rates to Market Estimated at +$26,000 annually. Details Available with Confidentiality Agreement.
Property Facts
| Price | $2,795,000 | Property Type | |
| Price Per SF | $205.51 | Building Size | 13,600 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.34% | Year Built | 2005 |
| Sale Condition | Business Value Included |
| Price | $2,795,000 |
| Price Per SF | $205.51 |
| Sale Type | Investment |
| Cap Rate | 8.34% |
| Sale Condition | Business Value Included |
| Property Type | |
| Building Size | 13,600 SF |
| No. Stories | 1 |
| Year Built | 2005 |
About 1108 PARSONS RD , SALISBURY, MD 21801
Car Wash has 2 Automatic Washes, 4 Self-Serve Washes and 8 Vacuum Stations. Attached Mini-Storage Facility has 107 Units from 5'x10' to 10"x30".
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1108 Parsons rd - Wash it Car Wash & Mini Storage
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