30365 Zion Rd, Salisbury, MD 21804
This exceptional 55.013-acre commercial property in Salisbury, Maryland, presents a unique investment opportunity. Located in Wicomico County, at 30365 Zion Rd, zip code 21804, this R-15 zoned land offers significant potential. The property boasts three convenient access points: two on W. Zion Road and one on Forest Plains Lane, placing it approximately a quarter-mile from existing city services and close to shopping, restaurants, and other amenities. Historically used as Ennis Aerodrome, featuring a 100' x 2,100' grass/turf landing runway, the highest and best use is currently considered single-family residential development under the existing zoning. The property includes a substantial 2,880 square-foot pole building, equipped with electricity and a concrete slab floor, featuring a 40-foot front opening and a 10-foot rear opening. A stabilized gravel entrance driveway further enhances accessibility. This property is priced at $615,000 and offers a compelling blend of land size, existing improvements, and strategic location. Its proximity to a regional mall adds to its considerable appeal. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.