330 Back River Neck Rd.

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330 Back River Neck Rd.

Essex, MD 21221
Asking Price
$450K
Asset Type
Commercial Mixed-use
Class
Class B

What's Special

Mixed Use <ul><li>​Flexible Business-Major (BM) Zoning: Highly versatile zoning designation allows for diverse commercial uses, value-add execution, or possible site redevelopment.</li><li>​​.77 acre with existing 2-story building currently used as offices. Both levels have bathroom and kitchen area.</li><li>​Strategic Hub Proximity: Situated on a heavily traveled commuter route with immediate proximity to key economic drivers, including nearby Martin State Airport, MARC Penn Line train depot, which conne

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

Location & Travel Times