415 Fruitland Blvd, Salisbury, MD 21801
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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