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    401 Eastern Shore Dr Salisbury, MD 21804

    Sponsored
    For Lease
    $151 SF/Yr

    Prime Salisbury office, 1400 sq ft, great location.

    Lot size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1,400 square foot office space is situated on the second floor of a building at 401 Eastern Shore Drive in Salisbury, Maryland, within Wicomico County (zip code 21804). The property is a single-tenant space, ideal for a variety of uses including traditional, executive, medical, or creative office settings. The layout features an open office concept, complemented by two private offices, a spacious room suitable for conferences or storage, and a convenient bathroom. The suite is easily accessible via a front entrance with stairs leading directly to the second floor. This location offers unparalleled convenience, being just one block away from Tidal Health. The total building size is 2,800 square feet, with 1,400 square feet currently available for lease. The monthly gross rent is $1,475. This property presents a fantastic opportunity for businesses seeking a well-appointed and strategically located office space in Salisbury, Maryland.

    Property Features for 401 Eastern Shore Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,800 SF
    Total Rate
    35420

    Unit(s) available at that property

    Space
    Size
    1,400 SF
    Rate per SF
    $151

    HighLights

    • 1,400 SF second‑floor office suite available for lease at 401 Eastern Shore Drive, Salisbury, MD 21804.
    • Single‑tenant space suitable for various office uses (traditional, executive, medical, or creative).
    • Open office layout with two private offices, conference/storage room, and bathroom.
    • Convenient location, one block from Tidal Health.
    • $1,475 monthly gross rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Law Office of Steven ... Immigration Attorney Planzer Law LLC Immigration Attorney Nitin Verma Internist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.594481886237
    Latitude
    38.362996060826

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    FAQs

    What type of property is this?
    Office space - Prime Salisbury office, 1400 sq ft, great location.
    Where is this office space located?
    The property is located at 401 Eastern Shore Dr Salisbury, MD.
    What is the lease rate?
    The lease rate is $151 SF/Yr.
    What are key features of this property?
    This property features: 1,400 SF second-floor office suite available for lease at 401 Eastern Shore Drive, Salisbury, MD 21804.; Single-tenant space suitable for various office uses (traditional, executive, medical, or creative).; Open office layout with two private offices, conference/storage room, and bathroom.
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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
    401 Eastern Shore Dr Salisbury, MD 21804
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