Property profile

106 Milford St Salisbury, MD 21804

FOR SALE
Medical Office Space
Property ID
US40-Q002629
Built 9999
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Property summary

AI-generated overview

1,125 sq.ft. medical/professional office in The Milford Professional Center. This unit is in nice condition and offers a premier location at the front of the center. Corner condo unit with side drive-up window and private rear parking. Layout offers a front large open area divided by a service counter with private office and restroom in the back. Signage over the front door and the complex sign is conveniently located right in front of this unit. For sale at $199,900 or lease at $15 per sq.ft. nnn. Attractive, established and well landscaped center with physicians, lab and other professional users. Located 2 miles from Tidal Health and only 1 mile to Salisbury University. Cannot be leased as a pharmacy. bikeScore: 47, Somewhat Bikeable walkScore: 69, Somewhat Walkable transitScore: 21, Minimal Transit

Property profile

Verified
Property type Medical Office Space
Year built 9999
UPID US40-Q002629

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

106 Milford St Salisbury, MD 21804
Salisbury metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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