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204 Banjo Ln

7,198 SF Light Industrial Building Centreville, MD 21617 £547,715 (£76/SF)

Investment Highlights

  • Strong Leasing History
  • On-Site Parking
  • Exceptional Zoning

Executive Summary

Discover an exceptional investment opportunity in this 7,198 SF industrial/flex space featuring 8 units and boasting a strong 93% occupancy rate. Built in 1978 and strategically zoned C-1, this property in the Centreville area presents a prime location for industrial/ flex space investors. With a successful track record and most units already occupied, this property offers immediate income generation potential. Its well-maintained structure and versatile units provide adaptability for various tenants, positioning it as an attractive and sustainable investment in the industrial/flex space market. Seize the opportunity to own a well-performing property with high potential for continued success and growth.

Property Facts

Price £547,715
Price Per SF £76
Sale Type Investment or Owner User
Property Type Light Industrial
Property Subtype
Light Distribution
  • Light Industrial Light Manufacturing
  • Industrial Service
Building Class C
Lot Size 0.62 AC
Rentable Building Area 7,198 SF
Number of Floors 2
Year Built 1978
Tenancy Single
Level Access Doors 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-003426
Land Assessment
£243,733
Improvements Assessment
£72,377
Total Assessment
£316,110

zoning

Zoning Code C1 (Commercial)
C1 (Commercial)
  • Listing ID: 32671106

  • Date on Market: 02/08/2024

  • Last Updated:

  • Address: 204 Banjo Ln, Centreville, MD 21617

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