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    2420 Salisbury Blvd Salisbury, MD 21801

    For Sale
    Contact for pricing

    High-traffic retail space, ready for your business.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This 1,600 square foot retail or professional space is situated in the vibrant Lotus Plaza Shopping Center on North Route 13 in Salisbury, Maryland. Currently set up as a hair salon, the space features a large open area at the front, a central section with plumbing for two shampoo bowls, two private offices, a storage closet, and a private bathroom. All existing fixtures, furniture, and equipment (FF&E) will be removed prior to occupancy, providing a blank canvas for your business. The property is located in a Class A shopping center with strong national and local tenants including Jersey Mike's Subs, ATI Physical Therapy, Cricket Mobile, and H&R Block, ensuring high visibility and foot traffic. The center benefits from its proximity to the Salisbury Mall, a major retail destination with consistently high traffic counts exceeding 35,000 vehicles per day. Furthermore, the property's location is less than a quarter-mile from the Salisbury Bypass, providing excellent access and convenient commuting for customers and employees. The property sits on a 2.69-acre lot. This prime location offers an exceptional opportunity for a variety of businesses seeking high visibility and convenient access in a thriving retail environment. The space is available immediately.

    Property Features for 2420 Salisbury Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    117,176 SF

    Building Details

    Year Built
    1994
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Katie Gilbert Physical Therapist H&R Block Tax Consultant Arlo Scarlett Salon Hair Salon Cricket Wireless Authorized ... Cell Phone Store Lendmark Financial Services ... Loan Agency

    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
    -75.56919
    Latitude
    38.40508

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic retail space, ready for your business.
    Where is this commercial real estate located?
    The property is located at 2420 Salisbury Blvd Salisbury, MD.
    (410) 677-0909
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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
    2420 Salisbury Blvd Salisbury, MD 21801
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