Property profile

111 Naylor St Salisbury, MD 21804

OFF-MARKET
Office buildings
Property ID
US40-0301966
980 SF 0.17 ac lot Built 1950
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

An office building located at the intersection of Ocean Gateway (Route 50) and Naylor Street in Salisbury, Maryland, situated on a 0.17-acre parcel with approximately 980 square feet of interior space. The building is configured with four office rooms, two bathrooms, and a kitchen, and includes seven private on-site parking spaces. It has frontage along Route 50, providing prominent exposure to traffic on that corridor. The property is within a zoning framework that allows potential conversion to residential use, such as a primary residence or residential rental, subject to Salisbury city inspections and approvals.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Construction BRICK
Total area 980 SF
Lot 0.17 ac (7,500 SF)
Zoning code OSR
APN 05-002605
UPID US40-0301966

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
  • Freight Service Logistics Company
  • Insurance Agency

Location

111 Naylor St Salisbury, MD 21804-4333
Salisbury metro Census 100 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2023
Last sale
$138,500
4 recorded transactions
2026
Price N/A
2023
$138,500
2000
$107,000
1969
Price N/A

Zoning & alternative use

OSR · Salisbury, MD
Zoning description

The purpose of the office and service residential district is to recognize those areas of the city where there exists a mixture of office, service and residential use and to foster the continuance of these uses with spec…

General category COMMERCIAL

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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