Snow Hill Rd Salisbury, MD 21804
- Land
- 7.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Snow Hill Rd
- Lot size
- 7.50 lot acres
- Property type
- Land
Description
This exceptional 7.5-acre commercial land parcel presents a remarkable development opportunity in Salisbury, Maryland. Located at 0 Snow Hill Rd, 21804, this property boasts 270 yards of frontage on highly trafficked Route 12 (Snow Hill Road), ensuring exceptional visibility for any commercial venture. The site benefits from convenient access points via both Johnson Road and Route 12. Further enhancing its appeal, a new traffic light is currently under installation at the Robins Avenue intersection, directly in front of the property, promising increased accessibility and visibility. The property is serviced by public water and sewer, and features shared on-site storm water management, simplifying development logistics. Zoned for General Commercial use, this land is ready for immediate development. With already strong traffic counts, the property's value is poised to increase significantly with the imminent construction of a 220-unit multifamily project just east of Marley Manor and a nearby Assisted Living/Retirement Community. The potential buildable square footage is estimated at 370,260 square feet. This is a rare opportunity to acquire a strategically located, well-connected commercial development site in a thriving Maryland market. The asking price is $1,700,000, representing a land value of $200,000 per acre. Don't miss this chance to secure a prime location for your next commercial project.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Wicomico
- State
- Maryland
- Longitude
- -75.5462
- Latitude
- 38.3192
