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    Property profile & analytics
    OFF-MARKET Estimated value $805,000
    Office buildings

    110 Main St, Salisbury, MD 21801-4905

    8,679 SF 0.09 ac lot Built 1920
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US40-0585546
    Property summary
    AI-generated overview

    This exceptional executive office space, located at 110 West Main Street in Salisbury, Maryland, offers 3,590 square feet of immediately available space on the first floor of a three-story, Class B building. The property boasts a total of 8,680 square feet and sits on a 0.09-acre lot in the heart of the Central Business District (CBD), zoned accordingly. The building features multiple tenancies, providing a vibrant and collaborative environment. This location offers unparalleled convenience, with easy walking access to government offices, courthouses, and a regional hospital. Enjoy the thriving atmosphere of downtown Salisbury, surrounded by a variety of restaurants, cafes, bakeries, and retail shops. The landlord is prepared to complete tenant improvements, making this space easily adaptable to your specific business needs. The asking rent is $12 per square foot gross, plus utilities, with pricing subject to adjustment based on the extent of build-out required. This is a rare opportunity to establish your business in a highly desirable and accessible location. The property's address is 110 W. Main Street, Salisbury, MD 21801, within Wicomico County.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1920
    Construction BRICK
    Total area 8,679 SF
    Lot 0.09 ac (3,975 SF)
    APN 09-046399
    UPID US40-0585546
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • County Trust Company Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $870k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $915k
    Blend (final) Blend
    $805k
    Owner & transaction history
    Selma Land Company LLC · 3 yrs held
    Selma Land Company LLC
    since 2023
    Last sale
    $735,000
    4 recorded transactions
    2023
    $735,000
    2019
    2018
    $225,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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