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    1501 S Salisbury Blvd Salisbury, MD 21801

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    For Lease
    $19 SF/Yr ($6,500 /Mo)

    Retail space with high visibility on South Salisbury Boulevard.

    Property size:
    4,000 SF
    Lot size:
    4,000 SF

    Property Features for 1501 S Salisbury Blvd

    General Information

    Size
    4,000 SF

    Source: Drew Robertson Agent Drew Robertson

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

    Overview

    High-Traffic Corner Lot Retail Space

    This corner lot offers an opportunity for a business or non-profit organization seeking a high-traffic location with excellent visibility on heavily traveled South Salisbury Boulevard, near Salisbury University. The landlord is open to flexible and creative design concepts. A new construction building is planned with 4,000 +/- square feet, and the concept and building design are flexible. The property benefits from excellent visibility, with thousands of views per day on a monument sign. Private parking is available. The location is on South Salisbury Boulevard (US Route 13).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Main Street Software ... Software Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness 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
    -75.5862276
    Latitude
    38.3815618

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    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility on South Salisbury Boulevard.
    Where is this retail space located?
    The property is located at 1501 S Salisbury Blvd Salisbury, MD.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on South Salisbury Boulevard near Salisbury University.; - New construction **4,000 +/- SF building with flexible design/concept.**; - **Excellent visibility with potential for monument signage.**
    (301) 639-8888
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    1501 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
    1501 S Salisbury Blvd Salisbury, MD 21801
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