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    712 Brown St Salisbury, MD 21804

    Sponsored
    For Sale
    $895,000

    18,640 SF Warehouse, 1.68 Acres, $895K

    Property size:
    18,640 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 18,640-square-foot industrial building presents a compelling investment opportunity in Salisbury, Maryland. Situated on a substantial 1.68-acre lot, this property boasts a prime location with excellent road frontage on both Naylor Street (385 feet) and Brown Street (335 feet). Originally designed as a warehouse and service distribution facility, the building features six convenient drive-in, drive-through overhead doors, facilitating efficient loading and unloading operations. The property is zoned City of Salisbury Light Industrial, offering versatility for a wide range of business uses. The building benefits from a robust 3-phase electrical service, ensuring reliable power for demanding operations. Currently generating $84,000 in annual gross income from month-to-month leases (which can be included or excluded in the sale), this property offers significant potential for immediate return on investment and future growth. An appraisal from W.R. McCain, dated June 17, 2024, is available for review. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving Eastern Shore market. Additional details are available in the property data sheet.

    Property Features for 712 Brown St

    General Information

    Property type
    Industrial properties
    Square Feet
    18,640 SF
    Lot Size
    73,181 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    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
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.59023
    Latitude
    38.37359

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    FAQs

    What type of property is this?
    Industrial property - 18,640 SF Warehouse, 1.68 Acres, $895K
    Where is this industrial property located?
    The property is located at 712 Brown St Salisbury, MD.
    What is the asking price?
    The asking price for this property is $895,000.
    Request Owner's contact information
    712 Brown St Salisbury, MD 21804
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    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
    712 Brown St Salisbury, MD 21804
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