Office Unit with Exam
1205 Pemberton Dr, Salisbury, MD 21801
For Sale
Contact for pricing
Office unit near Pemberton Business Center with a large lobby, multiple private offices, and four exam rooms.
Property Size3,274 SF
Price / SF$167.99
Days on Market606
Property Features for 1205 Pemberton Dr
General Information
Standard status
Size
Property subtype
Listing Agency:
SVN - Miller | Salisbury
(410) 543-2440
Listed By:
Christopher "Chris" Messick · License #5012259
(443) 523-9228
Source:
Moodyscre
Added: Mar 14, 2025
Changed: Oct 26
Last Checked: Nov 8 at 5:10AM
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 | Salisbury
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This exceptional office unit offers a flexible interior layout adjacent to the Pemberton Business Center. The unit features a large lobby area and includes six (6) private offices, four (4) exam rooms, a compact kitchen area, and two (2) restrooms. The configuration supports a range of professional and business uses, including medical or other client-facing office operations.
The property is located on the west side of Salisbury near established residential neighborhoods. It is presented as having excellent visibility and accessibility, with ample parking available for clients and staff.
The space is designed for day-to-day workflow with dedicated exam and office rooms, along with restrooms and a compact kitchen area to support both staff and client needs.
The property is located on the west side of Salisbury near established residential neighborhoods. It is presented as having excellent visibility and accessibility, with ample parking available for clients and staff.
The space is designed for day-to-day workflow with dedicated exam and office rooms, along with restrooms and a compact kitchen area to support both staff and client needs.
Key Highlights
- Adjacent to the Pemberton Business Center
- Large lobby area plus six (6) private offices
- Four (4) exam rooms for client‑facing use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,315
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,300
$866.3K
Cap Rate 7%
$618,786
$618.8K
Cap Rate 9%
$481,278
$481.3K
Market Conditions
NOI Build-Up for 3,274 SF
Gross rent
$82.5K $25.20/SF
− Vacancy
−$10.3K −$3.15/SF
EGI
$72.2K $22.05/SF
− OpEx
−$28.9K −$8.82/SF
NOI
$43.3K $13.23/SF
Area
Wicomico County, MD
Vacancy
12.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,300
Cap Rate 7%
$618,786
Cap Rate 9%
$481,278
Alternative Uses
Best Use
Office B
$893.1K
$781.4K – $1.04M
NOI $62,515 @ 7.0% cap · market cap 11.37%
Second Best
Healthcare Medical
$618.8K
$541.4K – $721.9K
NOI $43,315 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,169 @ 7.0% cap · market cap 14.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Explore this area
Business Placement
Demographics for 21801, MD
31,183
Population
12,140
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
87%
High-School Grad
40.1 sq mi
ZIP Area
778
Density / Sq Mi
$67,140
Median Household Income
$36,290
Median Earnings
$1,058
Median Rent
$286,800
Median Home Value
Market
Average Price Trend$/SF for Office Units in Salisbury, MD
Properties on Market for Office Units in Salisbury
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office unit near Pemberton Business Center with a large lobby, multiple private offices, and four exam rooms.
Where is this office unit located?
The property is located at 1205 Pemberton Dr Salisbury, MD.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Adjacent to the Pemberton Business Center; Large lobby area plus six (6) private offices; Four (4) exam rooms for client‑facing use
