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605 Crain Highway N
Millersville, MD 21108
Asking Price
$2.70M
Asset Type
Refrigerated/Cold Storage Special-purpose
Class
Class B
What's Special
DO NOT WALK THE PROPERTY WITHOUT AN APPOINTMENT <p><span style="color: rgba(0, 0, 0, 1)">This property offers 2.65 acres of flat, cleared, and graveled C-4 zoned land, providing an exceptional development opportunity in Millersville. With direct access and high visibility along the bustling Rt. 3 corridor, this site boasts a prime location for a wide range of commercial uses. The property benefits from a remarkable traffic count of approximately 70,000 vehicles per day, ensuring maximum exposure and visibility for any business that chooses to
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NOI
$80,000
Cap Rate
2.96%
DSCR
0.50
Underwater
Cash-on-Cash
-9.91%
Monthly Payment
$13,358.127
Annual Cash Flow
$-80,297.522