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    OFF-MARKET
    Commercial real estate

    Dallas Dr, Salisbury, MD 21801

    6.23 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.23-acre commercial development parcel presents a unique investment opportunity in Salisbury, Maryland. Boasting unparalleled visibility on US Route 50/Ocean Gateway, this property offers significant potential for a wide range of commercial ventures. The strategic location provides easy access from two convenient side roads: Phillip Morris Drive and Beaglin Park Drive, ensuring excellent accessibility for customers and employees. The property is designated as PDD (Planned Development District), a flexible zoning classification that permits a diverse array of uses. These permitted uses encompass those allowed within the Light Business & Institutional District, Neighborhood Business District, and Select Commercial District zoning categories, providing considerable latitude in development plans. This translates to a multitude of possibilities for developers seeking a high-profile location with ample space for construction. The site's prominent position along US Route 50 guarantees substantial exposure to a high volume of daily traffic, making it an ideal location for businesses seeking maximum visibility and accessibility. This is a rare opportunity to acquire a large, strategically located commercial parcel in a thriving area. The property's size and zoning flexibility make it suitable for a variety of projects, from retail and office spaces to restaurants and other commercial establishments. Serious inquiries are encouraged. The asking price is $623,000. This property is located at 0 Dallas Drive, Salisbury, MD. The property is situated in an Opportunity Zone, offering potential tax advantages.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 6.23 ac (271,379 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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