Medical Office
For Sale
$4,400,000
224 PHILLIP MORRIS DRIVE, Salisbury, MD 21804
LBI-zoned space includes a parking lot and electric heat-pump systems.
Property Size40,017 SF
Days on Market402
Property Features for 224 PHILLIP MORRIS DRIVE
General Information
Standard status
Active
Size
40,017 SF
Total Parking Spaces
200
Zoning
LBI
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$50,987
Amenities
Accessible Doors, Accessible Hallway(s)
Heat Pump, Electric
Electric, Heat Pump
Electric Water Heater
Parking Lot
Building Details
Building Size
40,017 SF
Year Built
1980
Listing Agency:
SVN/Miller Commercial Real Estate
Listed By:
Andrew Ball · License ##36569
(410) 422-3672
Source:
Evrealestate
Added: Aug 22, 2025
Changed: Sep 26
Last Checked: Sep 26 at 2:27PM
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 Commercial Real Estate
Investment Insights
Based on property information with market context.
Medical office space in a building constructed in 1980. The property has a parking lot, electric heat-pump systems, and an electric water heater. Zoning is LBI.
The property is near Route 50 in Salisbury, with access to retail and major travel routes.
The property is near Route 50 in Salisbury, with access to retail and major travel routes.
Key Highlights
- Medical office space near Route 50 in Salisbury
- LBI zoning
- Building constructed in 1980
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21804, MD
40,049
Population
16,736
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
68.6 sq mi
ZIP Area
584
Density / Sq Mi
$68,882
Median Household Income
$35,902
Median Earnings
$1,343
Median Rent
$230,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Wicomico Veterinary Hospital — 207 Executive Plz, Salisbury, MD 21804
Frequently Asked Questions
What type of property is this?
Medical Office Space - LBI-zoned space includes a parking lot and electric heat-pump systems.
Where is this medical office space located?
The property is located at 224 PHILLIP MORRIS DRIVE Salisbury, MD.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Medical office space near Route 50 in Salisbury; LBI zoning; Building constructed in 1980
