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    OFF-MARKET
    Land

    30365 Zion Rd, Salisbury, MD 21804

    55.01 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 55.01 ac (2,396,366 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
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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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