Financial
Distress signals
Property profile

2320 N Salisbury Blvd Salisbury, MD 21801

FOR LEASE
Retail space
Property ID
US40-1295795
8,960 SF 1.54 ac lot Built 1993
Last sale Jun 2021 · $925,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a former Pier 1 retail building with a total area of 8,960 square feet. The interior includes a large open floor plan suitable for showroom-style or merchandising layouts, with delivery and storage functions located at the rear to support back-of-house receiving and organization. The building is positioned for prominent visibility from US Route 13 at the entrance to the Centre at Salisbury, and it has on-site parking with 30 or more spaces for customer and operational access.

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?
$9k
Tax billed · 2023
Assessed value$914k
Assessed land$854k
Assessed improvement$60k
Effective rate1.00%

Value estimate

· Sep 2026
$1.22M
$1.10M – $1.34M
AI approach$1.37M
Submarket $/SF estimate$1.39M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$182/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$113 – $255

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: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath9.5
Law Firm9.3
Parking Facility9.3

Location

2320 N Salisbury Blvd Salisbury, MD 21801
County assessor Recorded deeds · 1 transfer 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1150 Pemberton, Salisbury, MD 21801-2400 $1,600,000 Jan 2026 4,648 SF
7900 Royality, Salisbury, MD 21801-2297 $1,244,013 Mar 2025 5,595 SF
2417 Salisbury, Salisbury, MD 21801-2192 $950,000 Oct 2024 5,000 SF
833 Salisbury, Salisbury, MD 21801-6207 $2,450,000 Aug 2022 14,308 SF
28940 Naylor Ml, Salisbury, MD 21801-8040 $5,502,029 Oct 2021 4,950 SF
6400 Kenney, Salisbury, MD 21801-8004 $2,035,622 Jun 2020 9,100 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?”
More about this property
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