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    5 Summer Dr Salisbury, MD 21804

    For Sale
    $94,000

    10.81 acres for office, warehouse, retail development.

    Property size:
    1 SF
    Lot size:
    1.93 Acres

    Property Features for 5 Summer Dr

    General Information

    Size
    1 SF
    Lot size
    1.93 Acres

    Source: Meredith M. Mears Agent Meredith M. Mears

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

    Overview

    Commercial Land in Moore View

    Available for purchase are commercial lots totaling approximately 10.81 acres within Moore View Business Park in Salisbury, Maryland. The land is located east of the Route 50 / Route 13 interchange, situated at the lighted intersection of Ocean Gateway and Walston Switch Road. The location offers highway frontage and visibility. Moore View Business Park is suitable for office, warehouse, self-storage, and retail development, including fast casual restaurants and professional or medical offices. The property is located near Route 50, Royal Farms, and Wor-Wic Community College. Other businesses are also located in the business park. Lot lines and acreage are an approximation pending final subdivision.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5705
    Latitude
    38.3596

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    FAQs

    What type of property is this?
    Land - 10.81 acres for office, warehouse, retail development.
    Where is this land located?
    The property is located at 5 Summer Dr Salisbury, MD.
    What is the asking price?
    The asking price for this property is $94,000.
    What are key features of this property?
    This property features: - Prime location with Route 50 frontage and excellent visibility.; - Significant price reduction.; - Suitable for a variety of commercial developments: office, warehouse, self-storage, and retail.
    (443) 944-4464
    Request Owner's contact information
    5 Summer Dr 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
    5 Summer Dr Salisbury, MD 21804
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