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    720 E College Ave - Unit D | Salisbury, MD 21804 Salisbury, MD 21804

    Sponsored
    For Lease
    $3 SF/Yr ($1,466 /Mo)

    Prime Salisbury retail space, 1600 sq ft.

    Lot size:
    1,600 SF

    Description

    Added:
    Jan 30, 2025
    Days on Market:
    341
    This exceptional 1,600-square-foot retail space is ideally located at 720 E College Ave - Unit D in Salisbury, Maryland, zip code 21804. Boasting a highly desirable location with easy access to Business Route 13 and Route 50, this property benefits from significant traffic counts and excellent visibility, ensuring high potential for customer engagement. Previously occupied by a surveying company, the space currently features an adaptable open layout with two private offices and ample storage area. The landlord is open to a variety of uses, provided the proposed business does not already exist within the shopping center. The current tenant mix is diverse, creating a vibrant and attractive retail environment. The property offers ample parking for customers and employees. Leases are NNN (Net, Net, Net), with an estimated annual rate of $3.50 per square foot, totaling approximately $1466 annually. This presents a fantastic opportunity for businesses seeking a well-situated and versatile retail space in a thriving Salisbury commercial district. The property is conveniently located off Snow Hill Road and Beaglin Park Drive.

    Property Features for 720 E College Ave - Unit D | Salisbury, MD 21804

    General Information

    Property type
    Other retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,600 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    1466

    Building Details

    Year Built
    1992

    HighLights

    • 1600 sq ft retail space in Salisbury, MD, ideal for diverse uses.
    • High‑traffic location with easy access to major routes Rt 13 & Rt 50.
    • NNN lease structure at an estimated $3.50 per square foot, ample parking available.
    Location Intelligence

    Current Use by Public Records

    Hampshire Hampshire & Andrews Land Surveyor A Plus Driving School Driving School Benjamins Wear It ... Consignment Shop First-Hand Salon Solutions ... Image Consultant Pampered Feet Reflexology Reflexologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    State
    Maryland
    Longitude
    -75.584085
    Latitude
    38.347196

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    FAQs

    What type of property is this?
    Other retail property - Prime Salisbury retail space, 1600 sq ft.
    Where is this other retail property located?
    The property is located at 720 E College Ave - Unit D | Salisbury, MD 21804 Salisbury, MD.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 1600 sq ft retail space in Salisbury, MD, ideal for diverse uses.; High-traffic location with easy access to major routes Rt 13 & Rt 50.; NNN lease structure at an estimated $3.50 per square foot, ample parking available.
    410.543.2440 x118
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    720 E College Ave - Unit D | Salisbury, MD 21804 Salisbury, MD 21804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    720 E College Ave - Unit D | Salisbury, MD 21804 Salisbury, MD 21804
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