Office Unit with Exam
For Sale
Contact for pricing
1205 Pemberton Dr, Salisbury, MD 21801
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 Market508
Property Features for 1205 Pemberton Dr
General Information
Standard status
Active
Size
3,274 SF
Property subtype
OFFICE
Listing Agency:
SVN - Miller | Salisbury
(443) 523-9228
Listed By:
Christopher "Chris" Messick · License #96265
(443) 523-9228
Source:
Moodyscre
Added: Mar 14, 2025
Changed: Jul 30
Last Checked: Aug 2 at 3:30AM
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
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 For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.5k | $25.20 |
| − Vacancy | −$10.3k | −$3.15 |
| EGI | $72.2k | $22.05 |
| − OpEx | −$28.9k | −$8.82 |
| NOI | $43.3k | $13.23 |
3,274 SF · lease $25.20/SF/yr · vacancy 12.50% · expense 40.00%
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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
49
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
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office unit near Pemberton Business Center with a large lobby, multiple private offices, and four exam rooms.
Where is this office units 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
