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    2523 Salisbury Blvd Salisbury, MD 21801

    Sponsored
    For Sale
    $1,300,000

    Prime Salisbury location, 12,984 SF, 3.33 acres

    Property size:
    12,984 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional Salisbury, MD commercial property offers a unique investment opportunity encompassing 12,984 square feet on a 3.33-acre lot. The property features a recently renovated 6,800 square foot main office building and a 900 square foot secondary office building, both boasting over $350,000 in recent upgrades. These upgrades include new LED lighting, new gravel, and modern amenities such as a reception area, training room, conference room, private offices, and restrooms. The owner is offering a leaseback option for the front buildings at $5,600 per month NNN, with an estimated 60% of taxes and insurance included. In addition to the office space, a 4,900 square foot warehouse is available for lease. This warehouse features 28-foot ceilings, a small office with HVAC, a restroom, two overhead drive-in doors, and a substantial yard area. The entire 3.33-acre property is fenced. A significant added benefit is an additional 0.69-acre parcel at the front of the property, fronting US Route 13, also available for purchase at $490,000. This presents a rare chance to acquire a substantial commercial property with versatile space, recent renovations, and excellent visibility on a major thoroughfare. The asking price for the main property is $1,300,000.

    Property Features for 2523 Salisbury Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    12,984 SF
    Lot Size
    145,055 SF

    Building Details

    Year Built
    1992
    Property Profile Location Intelligence

    Current Use by Public Records

    Mid Atlantic Prowash Pressure Washing Service OC Home Services Remodeler East Coast Plumbing, ... Plumber

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Gym & Fitness Accounting Firm Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    WICOMICO
    State
    Maryland
    Longitude
    -75.56607
    Latitude
    38.40695

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Salisbury location, 12,984 SF, 3.33 acres
    Where is this office property / space located?
    The property is located at 2523 Salisbury Blvd Salisbury, MD.
    What is the asking price?
    The asking price for this property is $1,300,000.
    Request Owner's contact information
    2523 Salisbury Blvd Salisbury, MD 21801
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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
    2523 Salisbury Blvd Salisbury, MD 21801
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