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    846 Snow Hill Rd Salisbury, MD 21804

    For Sale
    $1,598,000

    Highly visible commercial development opportunity with frontage on Snow Hill.

    Lot size:
    7.99 Acres

    Property Features for 846 Snow Hill Rd

    General Information

    Lot size
    7.99 Acres

    Source: SVN - Miller | Salisbury Agent Andrew "Andy" Ball

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

    Overview

    Commercial Land on Snow Hill

    This commercial land offers a highly visible development opportunity. The property features 270 yards of frontage on Snow Hill Road (RT 12). Access is available from both Johnson Road and Route 12. Public water and sewer services are available. A shared storm water management system is located on-site. The property is zoned General Commercial. According to MDOT, a traffic light is scheduled for installation in front of the property at Robins Avenue in 2023. The location is approximately 0.25 miles from the intersection of College Avenue and Snow Hill Road. Traffic counts are expected to increase due to a planned 220-unit multifamily project approved for construction just east of Marley Manor Manor, as well as an Assisted Living/Retirement Community a few hundred yards down Snow Hill Road from the subject property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -75.5830502
    Latitude
    38.3488152

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    FAQs

    What type of property is this?
    Commercial land - Highly visible commercial development opportunity with frontage on Snow Hill.
    Where is this commercial land located?
    The property is located at 846 Snow Hill Rd Salisbury, MD.
    What is the asking price?
    The asking price for this property is $1,598,000.
    What are key features of this property?
    This property features: - High visibility commercial development opportunity with **270 yards of frontage on Snow Hill Road (RT 12).**; - Traffic light installation planned for 2023 at Robins Avenue per MDOT, enhancing accessibility.; - Zoned General Commercial, offering versatile development options.
    (410) 422-3672
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    846 Snow Hill Rd Salisbury, MD 21804
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    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
    846 Snow Hill Rd Salisbury, MD 21804
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