Financial
Distress signals
Property profile

200 Cypress St 341 Salisbury, MD 21801

FOR LEASE
Strip malls
Property ID
US40-2288424
8,007 SF 14.15 ac lot Built 1965
Last sale Jan 2024 · $3,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 6,000-square-foot inline commercial space located on the north corner of the Salisbury Shopping Center in downtown Salisbury at 200 Cypress Street 341, Salisbury, MD 21801. The space is configured to accommodate a range of uses, including retail, office, or industrial activities. The shopping center has been subject to updates and redevelopment efforts. The surrounding area includes retail and service neighbors and public safety facilities, including Save-A-Lot, Roses, Dollar Tree, the Salisbury Police Department, and the Salisbury Fire Station.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value$2.80M
Assessed land$574k
Assessed improvement$2.22M
Effective rate1.00%

Value estimate

· Sep 2026
$3.50M
$3.15M – $3.85M
AI approach$3.50M
CAP approach$2.12M
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$5k
Operating expenses−$15k
NOI · 680,400.00% cap applied$34k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
680,400.00%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, ...
General categoryINDUSTRIAL
JurisdictionWICOMICO

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.8
Daycare Center9.5
Bakery9.4

Location

200 Cypress St, Unit 341 Salisbury, MD 21801
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2002 Salisbury, Salisbury, MD 21801-3339 $4,899,995 Dec 2025 18,000 SF
1802 Salisbury, Salisbury, MD 21801-3333 $230,000 Jan 2025 5,520 SF
1311 Salisbury, Salisbury, MD 21801-6840 $1,220,000 Sep 2024 6,000 SF
2645 Salisbury, Salisbury, MD 21801-2142 $13,457,064 Mar 2022 92,168 SF
28772 Ocean, Salisbury, MD 21801-2185 $1,190,000 Jan 2022 5,022 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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