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Property profile & analytics

1607 Northwood Dr Salisbury, MD 21801

  • Industrial properties
  • 15,000 SF
  • 1.25 lot acres
Value Estimation
Last Sale
Dec 27, 2023
Location Intelligence
Property ID
US40-0342415
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Nyquist Inc / Auto Repair Shop
  • Numotion / Wheelchair Repair Service / Wheelchair Store
  • NCM / Excavating Contractor

Property Details for 1607 Northwood Dr

Year built
1967
Construction
BRICK
Lot size
1.25 lot acres
Property size
15,000 SF
Zone code
GC
Property type
Industrial properties
APN
09-041559
APU
9041559

Description

This exceptional 1.97-acre industrial property, located at 1607 Northwood Drive Unit 103, Salisbury, MD, presents a unique opportunity for businesses seeking flexible and strategically positioned space. Currently configured for warehousing, this unit will be available December 1st, 2024, or potentially sooner. The space boasts a C-1 General Commercial zoning designation, the most versatile zoning category in Salisbury, allowing for a wide array of uses. The property features shared dock-high access with a secured gated fence at the rear, facilitating efficient tractor-trailer loading and unloading. Two loading docks are conveniently situated on a common corridor. A fenced and paved rear parking area, complete with an automatic gate, provides ample on-site parking. An additional acre of land to the south offers potential for further parking expansion. This property benefits from its excellent location at the corner of Northwood Drive and Alexander Avenue, just one block from Route 13, ensuring easy access to major transportation routes. The property is also situated within the Wicomico County Enterprise Zone, potentially offering economic incentives. High-quality industrial-service neighbors further enhance the desirability of this location. The floor plan is available upon request. This versatile flex building is ideal for businesses requiring a blend of office and warehouse space, offering a secure and convenient environment for operations.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $475,000
  • CAP approach

    CAP return
    Estimation
    6%
    $550,000
    6.5%
    $485,000
    7%
    $510,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $520,000
    Geo Method
    $470,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $450,000
    Retail
    $445,000
    Mixed-Use
    $525,000
    Hospitality
    $440,000
    Educational
    $450,000
    Residential Income
    $450,000
    Energy
    $490,000
    Income-Based Land
    $545,000
    Food Service
    $560,000

Location Insight

  • Map
  • Local Demand
City
Salisbury
County
Wicomico
State
Maryland
Longitude
-75.585
Latitude
38.3851
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,991
$84,300
$516,300
$600,600
-
$84,300
$516,300
$600,600
More about this property
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