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    1311 S Salisbury Blvd Salisbury, MD 21801

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    For Sale
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    Highly visible retail property across from Salisbury University.

    Property size:
    6,000 SF

    Property Features for 1311 S Salisbury Blvd

    General Information

    Size
    6,000 SF

    Source: Wesley Cox, CCIM Agent Wesley Cox, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Property Near University

    This property is located on U.S. Rt 13, across from Salisbury University, in one of the fastest-growing cities in Maryland. The location is highly visible with a traffic count of approximately 24,000 vehicles per day. A 700-bed student housing complex is located across the street. The surrounding area includes Salisbury University with its staff and enrollment of approximately 8,000, and a nearby hospital employing approximately 3,000 individuals. The property is situated among adjacent and nearby retailers. The surrounding area is undergoing redevelopment into thriving commercial centers. Salisbury offers a mix of business and leisure opportunities and serves as a regional hub for higher education. The property is located in a transformative corridor in Wicomico County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Five Guys Fast Food Restaurant

    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
    -75.6041588
    Latitude
    38.3422932

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    FAQs

    What type of property is this?
    Retail space - Highly visible retail property across from Salisbury University.
    Where is this retail space located?
    The property is located at 1311 S Salisbury Blvd Salisbury, MD.
    What is the asking price?
    The asking price for this property is $20.
    What are key features of this property?
    This property features: - Prime location directly across from Salisbury University.; - High visibility on Rt. 13 with 24,000+\/- daily traffic count.; - Proximity to Salisbury University's 8,000+\/- staff & enrollment.
    (410) 251-6408
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    1311 S 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
    1311 S Salisbury Blvd Salisbury, MD 21801
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