225 Moonglow RdFruitland, MD 21826

Property Details for 225 Moonglow Rd

Year built

1984

Construction

BRICK

Lot size

1.92 AC

Property size (Sq ft)

1,050 SF

Zone code

R15

Property type

Warehouses

APN

16-009164

APU

16009164

Description

This exceptional Fruitland, MD property offers a unique investment opportunity encompassing 4.78 acres of land situated at the highly visible southwest corner of Route 13 Bypass and St. Luke's Road. The location provides unparalleled access to all areas of town. The property features two buildings totaling 4,600 square feet of flexible space, ideal for a variety of industrial or commercial uses. One building offers 3,600 square feet with integrated office space, while the second building provides 1,000 square feet of dedicated storage. Three convenient drive-in bays enhance operational efficiency. The entire 4,600 square feet is currently vacant, presenting a blank canvas for a new tenant or owner-occupier. The expansive yard area offers ample room for expansion, storage, or outdoor operations. This property is available for sale at $525,000 per acre, or for lease at $45,000 annually for the land, or $3,950 monthly for the warehouse space. This prime location and versatile space make this an attractive proposition for businesses seeking a strategic presence in Fruitland. The property is classified as Industrial, Land, and Special Purpose, with a single-tenant occupancy. Located in Wicomico County, this offering presents a rare combination of land and building space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $383,053

  6.5%

  $353,588

  7%

  $328,331

• Comparable approach

  Method

  Valuation

  Relative Method

  $98,139.10

  Geo Method

  $105,689

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $180,524

  Mixed-Use / Specialty

  $179,255

  Hospitality / Lodging

  $130,699

  Office

  $177,538

  Institutional / Educational

  $186,129

  Residential Income

  $217,771

  Multifamily

  $264,652

  Automotive / Energy

  $159,539

  Parking / Income-Based Land

  $55,673.20

  Restaurant / Food Service

  $91,896.20

  Healthcare / Senior Housing

  $184,464

Location Insight

City

Fruitland

County

Wicomico

State

Maryland

Latitude

38.3108

Longitude

-75.6073

CBSA code

41540

CBSA name

SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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