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    2020 Northwood Dr Salisbury, MD 21801

    For Sale
    $1,990,000

    20,000 SF warehouse on 3.2 acres, Salisbury, MD.

    Property size:
    20,000 SF
    Lot size:
    3.21 Acres

    Property Features for 2020 Northwood Dr

    General Information

    Size
    20,000 SF
    Lot size
    3.21 Acres

    Source: Rinnier Development Company Agent Matthew Trader

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

    Overview

    20,000 SF Warehouse on 3.2 Acres

    This property features a 20,000 square foot warehouse situated on 3.2 acres. The lease is structured as NNN, with no landlord responsibilities. The net operating income (NOI) is $120,000 NNN. The lease includes rental increases of 10% every 5 years.
    Insight Report Location Intelligence

    Current Use by Public Records

    Toroid Corporation Manufacturer Inductive Tech LCC Electronic Parts Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    Storage Wise of Salisbury, Northwood Rv & Boat Storage, CubeSmart Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5831262
    Latitude
    38.3955172

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    FAQs

    What type of property is this?
    Warehouse - 20,000 SF warehouse on 3.2 acres, Salisbury, MD.
    Where is this warehouse located?
    The property is located at 2020 Northwood Dr Salisbury, MD.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: - $120,000 Net Operating Income (NOI); - NNN Lease with No Landlord Responsibilities; - 20,000 SF on 3.2 Acres
    (443) 614-4297
    Request Owner's contact information
    2020 Northwood Dr Salisbury, MD 21801
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    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
    2020 Northwood Dr Salisbury, MD 21801
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