Medical Office
For Sale
$450,000
105a-1324 Belmont Ave, Salisbury, MD 21804
Three separate entrances serve a layout with private offices, a conference room and open work area.
Property SizeContact for details
Days on Market197
Property Features for 105a-1324 Belmont Ave
General Information
Standard status
Active
Occupancy
100%
Additional Details
Cap Rate
7.34%
Tenant in Place
Yes
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$9,224
Building Details
Tenancy
Single
Listing Agency:
SVN/Miller Commercial Real Estate
Listed By:
Trent M Spicer-Davis · License #5021302
(410) 543-2440
Source:
Exprealty
Added: Apr 17
Changed: Oct 27
Last Checked: Oct 28 at 1:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN/Miller Commercial Real Estate
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Investment Insights
Based on property information with market context.
This medical office suite in East Park Professional Park is being remodeled and includes multiple private offices, a large conference room and an open workspace. Three separate entrances provide access to the suite.
Chesapeake Hearing Centers is the tenant under a five-year lease, with rent commencing in June 2026. The property is offered with a stated 7.34% cap rate.
Chesapeake Hearing Centers is the tenant under a five-year lease, with rent commencing in June 2026. The property is offered with a stated 7.34% cap rate.
Key Highlights
- Leased to Chesapeake Hearing Centers on a five‑year term; rent commences June 2026
- Stated 7.34% cap rate
- Multiple private offices, a large conference room and open workspace
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 21804, MD
40,049
Population
16,736
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
68.6 sq mi
ZIP Area
584
Density / Sq Mi
$68,882
Median Household Income
$35,902
Median Earnings
$1,343
Median Rent
$230,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Wicomico Veterinary Hospital — 207 Executive Plz, Salisbury, MD 21804
- Healing Hands Animal Hospital — 727 E Main St, Salisbury, MD 21804
Frequently Asked Questions
What type of property is this?
Medical Office Space - Three separate entrances serve a layout with private offices, a conference room and open work area.
Where is this medical office space located?
The property is located at 105a-1324 Belmont Ave Salisbury, MD.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Leased to Chesapeake Hearing Centers on a five‑year term; rent commences June 2026; Stated 7.34% cap rate; Multiple private offices, a large conference room and open workspace
