Property profile

400 Eastern Shr Dr Salisbury, MD 21804

OFF-MARKET
Medical Office Space
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Property ID
US40-1021728
36,177 SF 1.58 ac Built 1998
Last sale Oct 2022·$9,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$57k
Tax billed · 2024
Assessed value$5.92M
Assessed land$690k
Assessed improvement$5.23M
Effective rate0.96%

Value estimate

· Nov 2026
$12.33M
$11.09M – $13.56M
AI approach$12.21M
CAP approach$7.37M
Submarket $/SF estimate$6.80M

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility13.7
Wholesale Shop12.7
Furniture Store11.9

Location

400 Eastern Shr Dr Salisbury, MD 21804-5513
County assessor Recorded deeds · 4 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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
813 Eastern Shr, Salisbury, MD 21804-5975 $535,000 Jul 2025 3,840 SF
1640 Woodbrooke, Salisbury, MD 21804-8501 $2,094,750 Feb 2025 8,500 SF
712 Main, Salisbury, MD 21804-5037 $440,000 Apr 2024 3,465 SF
100 Power, Salisbury, MD 21804-6940 $580,000 Jan 2023 4,100 SF
1639 Woodbrooke, Salisbury, MD 21804-8502 $4,000,000 Aug 2022 16,928 SF
200 Vine, Salisbury, MD 21804-5531 $2,900,000 May 2022 12,595 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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Includes: Price & PSF · Cap rate · Location · Zoning

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