414 Back River Neck RdEssex, MD 21221

This exceptional investment opportunity presents a 0.5-acre industrial property located at 414 Back River Neck Rd, Essex, MD 21221. Currently operating under a single-tenant net lease, the property offers a compelling 7.71% cap rate with a net operating income (NOI) of $54,000. The asking price is $700,000. The property comprises two buildings totaling approximately 800 square feet. One building serves as office space, while the other functions as a garage/storage facility. A significant open yard area provides ample space for vehicle or material storage, adding to the property's versatility. This property is ideal for investors seeking a stable, high-yield investment or owner-occupiers looking for a long-term solution with potential for future use upon lease expiration. The property's flex/industrial nature and strategic location in Baltimore County, Maryland, make it a highly attractive proposition in the current market. The single-tenant occupancy minimizes management complexities, offering a streamlined investment experience. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential.