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MD
Salisbury
21801
109 Salisbury Blvd

Property profile

109 Salisbury Blvd Salisbury, MD 21801

OFF-MARKET

Distribution properties

Property ID

US40-1108868

1,785 SF 0.88 ac lot Built 1940

Individually Owned 1-yr Hold Free & Clear

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This 1,785-square-foot freestanding warehouse building in Wicomico County, Maryland, presents a unique opportunity for lease or purchase. Built in 1940, this single-story structure is zoned GC and offers a single tenancy. Previously used as a tire shop and automotive garage, the property boasts two convenient garage bay doors and a dedicated office space. Located on busy Route 13, directly across from the vibrant downtown Salisbury area, this property benefits from exceptionally high vehicular and pedestrian traffic counts. The asking lease rate is $2,200 per month gross, AS-IS. The owner is open to build-to-suit options to meet specific tenant needs. Alternatively, the property is available for purchase at $650,000. This prime Salisbury location offers a significant value-add investment opportunity for savvy entrepreneurs and investors alike. Its proximity to downtown Salisbury ensures excellent visibility and accessibility. Serious inquiries are encouraged.

Property type Distribution properties

Use group COM AUTO TRANS/STORAGE

Year built 1940

Construction BRICK

Total area 1,785 SF

Lot 0.88 ac (38,148 SF)

Zoning code GC

APN 05-008875

UPID US40-1108868

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

(Bike/Boat/Book/etc) Store Auto Parts Store

109 Salisbury Blvd Salisbury, MD 21801-4934

Salisbury metro Census 200 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

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CAP Approach CAP

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Blend (final) Blend

$390k

since 2025

5 recorded transactions

2025

Price N/A

2014

$220,000

2006

Price N/A

1969

Price N/A

1969

Price N/A

Zoning description

The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$310,000

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$315,000

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$345,000

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506 Main St

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Value Estimation
$200,000

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233 Lk St

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233 Lk St, Salisbury, MD 21801-4015

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Value Estimation
$3,190,000

17,275 SF

2257 Northwood Dr

DISTRIBUTION WAREHOUSE

2257 Northwood Dr, Salisbury, MD 21801-7896

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Value Estimation
$1,785,000

20,500 SF

2006 Shipley Dr

DISTRIBUTION WAREHOUSE

2006 Shipley Dr, Salisbury, MD 21801-7874

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