Retail Space in Shopping
New
For Sale
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8245 DICKERSON LANE #F, Salisbury, MD 21804
The suite is part of a center with retail, dining, and service businesses.
Property Size27,600 SF
Price / SF$0.12
Days on Market4
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Property Features for 8245 DICKERSON LANE #F
General Information
Standard status
Active
Size
27,600 SF
Property subtype
Commercial
Building Details
Year Built
2004
Listing Agency:
SVN/Miller Commercial Real Estate
Listed By:
Ryan Finnegan · License #3487634
(410) 543-2440
Source:
Cummingsrealtors
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:37AM
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.
A 2,282-square-foot retail suite is located within Avalon Shopping Center, a property built in 2004. The center brings together local, regional, and national retailers, restaurants, and service providers.
The property is in North Salisbury’s retail district, near shopping centers and everyday retail and dining services. The existing tenant’s occupancy runs through December 31, 2026.
The property is in North Salisbury’s retail district, near shopping centers and everyday retail and dining services. The existing tenant’s occupancy runs through December 31, 2026.
Key Highlights
- 2,282 SF retail suite at Avalon Shopping Center
- Shopping center includes local, regional, and national retailers, restaurants, and service providers
- Existing tenant remains through December 31, 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$581,705
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,634,100
$11.6M
Cap Rate 7%
$8,310,071
$8.3M
Cap Rate 9%
$6,463,389
$6.5M
Market Conditions
NOI Build-Up for 27,600 SF
Gross rent
$937.3K $33.96/SF
− Vacancy
−$106.3K −$3.85/SF
EGI
$831.0K $30.11/SF
− OpEx
−$249.3K −$9.03/SF
NOI
$581.7K $21.08/SF
Area
Wicomico County, MD
Vacancy
11.34%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,634,100
Cap Rate 7%
$8,310,071
Cap Rate 9%
$6,463,389
Alternative Uses
Best Use
Retail
$8.31M
$7.27M – $9.70M
NOI $581,705 @ 7.0% cap · market cap 17,898.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.65M
$8.45M – $11.26M
NOI $675,828 @ 7.0% cap · market cap 20,794.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
966k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 32%
Dining 21%
Shops & Services 19%
Apparel 16%
Walmart
Superstores
122,896 visits/mo
0.4 miles
Target
Superstores
93,576 visits/mo
0.2 miles
Sam's Club
Superstores
92,359 visits/mo
0.4 miles
Chick-fil-A
Dining
59,587 visits/mo
0.2 miles
Marshalls
Apparel
56,817 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The suite is part of a center with retail, dining, and service businesses.
Where is this retail space located?
The property is located at 8245 DICKERSON LANE #F Salisbury, MD.
What are key features of this property?
This property features: 2,282 SF retail suite at Avalon Shopping Center; Shopping center includes local, regional, and national retailers, restaurants, and service providers; Existing tenant remains through December 31, 2026
