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    OFF-MARKET
    Land

    0 Snow Hill Rd, Salisbury, MD 21804

    7.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 7.5 ac (326,700 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
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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