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Philadelphia Blvd

4 Properties Offered at $2,600,000 in Aberdeen, MD

Investment Highlights

  • 2.07 Acre ± income-producing development, with potential for redevelopment
  • 2 income-producing residential buildings
  • 3 income-producing commercial buildings
  • Ideal redevelopment site for self storage/ apartments

Executive Summary

110 S. Philadelphia Blvd is a 2.07 Acre ± income-producing development with potential for redevelopment available for sale in Aberdeen Maryland. Directly across from Aberdeen AMTRAK, this site is located in the heart of Aberdeen, MD, just minutes from Aberdeen Proving Ground. Please download our offering memorandum for more information.

Taxes & Operating Expenses (Actual - 2023)

Annual
Gross Rental Income $211,480
Other Income -
Vacancy Loss -
Effective Gross Income $211,480
Taxes $16,300
Operating Expenses $27,900
Total Expenses $44,200
Net Operating Income $167,280

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income
Annual $211,480
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $211,480
Taxes
Annual $16,300
Operating Expenses
Annual $27,900
Total Expenses
Annual $44,200
Net Operating Income
Annual $167,280

Property Facts

Price $2,600,000
Price / SF $394.36 / SF
Cap Rate 6.34%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 6,593 SF
Total Land Area 2.07 AC
  • Listing ID: 28549419

  • Date on Market: 5/22/2023

  • Last Updated:

  • Address: Philadelphia Blvd, Aberdeen, MD

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