Property profile

415 Fruitland Blvd Salisbury, MD 21801

OFF-MARKET
Retail properties & Spaces
32,670 SF 0.75 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 0.75-acre parcel, located at 415 N Fruitland Blvd in Salisbury, Maryland (zip code 21801), presents a unique redevelopment opportunity for a quick-service restaurant (QSR). Previously occupied by a Sonic Drive-In, this fee-simple lot offers 32,670 square feet of land, ideal for a new QSR build. The property benefits from its strategic location within a Walmart-anchored shopping center, surrounded by other major retailers including Food Lion, Citi Trends, and Big Lots. This high-traffic area boasts approximately 23,000 vehicles per day on South Salisbury Blvd, ensuring significant visibility and accessibility for any new business. Shared access with Walmart provides convenient ingress and egress. The property's proximity to other established restaurants such as McDonald's, Ruby Tuesday, Texas Roadhouse, Denny's, and a Royal Farms convenience store further enhances its desirability. The asking price for this exceptional QSR lot is $500,000. The APN is 2316050059. This is a redevelopment opportunity for an owner/user.

Property profile

Verified
Property type Retail properties & Spaces
Total area 32,670 SF
Lot 0.75 ac (32,670 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

415 Fruitland Blvd Salisbury, MD 21801
Salisbury metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 415 Fruitland Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message