Summer Dr Salisbury, MD 21804
- Land
- 1.51 lot acres
Current Use by Public Records
- Land
Property Details for 0 Summer Dr
- Lot size
- 1.51 lot acres
- Property type
- Land
Description
This exceptional opportunity presents multiple commercial land parcels totaling approximately 12.42 acres within the highly visible Moore View Business Park in Salisbury, Maryland. Strategically located at the lighted intersection of Ocean Gateway and Walston Switch Road, east of the Route 50/Route 13 interchange, this property boasts excellent visibility and highway frontage. Ideal for a variety of commercial developments, including office, warehouse, self-storage, and retail uses (such as fast-casual restaurants or medical offices). The park enjoys a strong existing tenant base, including Royal Farms, Arby's, and Wor-Wic Community College. Individual lots are available for purchase, ranging in size from approximately 1.51 to 2.6 acres, with prices varying per acre. Lot 3 (1.51 acres) is priced at $215,000 per acre, Lot 4 (2.6 acres) at $199,000 per acre, Lot 5 (1.93 acres) at $94,000 per acre, and Lot 6 (1.51 acres) at $99,000 per acre. Alternatively, the entire 12.42 acres can be purchased for $1,150,000. Note that lot lines and acreage are approximate, pending final subdivision. This prime location and significant price reduction make this a compelling investment opportunity. The property features Route 50 frontage on the eastbound lane.
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
- -75.5053
- Latitude
- 38.3739
