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    1201 Pemberton Dr Salisbury, MD 21801-2497
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    Property profile & analytics

    1201 Pemberton Dr Salisbury, MD 21801-2497


    • Office buildings
    • 14,400 SF
    • 0.96 lot acres
    Off-Market
    Last Sale Feb 14, 2022
    $1,525,000
    Property ID
    US40-1547423
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,970,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Neurology Center Of Southern Delaware / Medical Clinic
    • Chesapeake Family Practice / Pediatrician / Physician
    • Vetalytix / Veterinary Clinic
    • Connie G. Polovina, LCSW-C / Foster Care Service / Social Service Agency
    • Animalytix / Publishing House

    Property Details for 1201 Pemberton Dr

    Year built
    1996
    Construction
    BRICK
    Lot size
    0.96 lot acres
    Property size
    14,400 SF
    Zone code
    NB
    Property type
    Office buildings
    APN
    09-083146
    APU
    9083146

    Description

    This exceptional Class A office building, located at 1201 Pemberton Drive in Salisbury, Maryland, presents a unique opportunity for businesses seeking high-quality space. Built in 1996 and extensively renovated in 2018, the property boasts 14,400 square feet across two stories, offering a total of six suites. Currently, 4,701 square feet of space is available, with individual suites ranging from a minimum of 1,392 square feet to a maximum contiguous space of 3,309 square feet. The building is ideally suited for both traditional office and medical office uses, reflecting its flexible zoning (NB) and adaptable suite sizes. The property sits on a substantial 42,020-acre lot and provides convenient parking with 40 spaces available. Future improvements include the installation of EV charging stations and high-speed fiber internet access, enhancing the property's appeal and functionality. The building features an elevator for easy access to both floors. This is an excellent opportunity to establish a presence in a well-maintained, modern office building in a desirable Salisbury location. The property's size and layout offer flexibility for a variety of business needs, making it an attractive option for both single-tenant and multi-tenant occupancy. Contact us today to learn more about this exceptional opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,000,000
      ML approach
      $1,960,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,168,000
      Market price range: $1.52M - $4.16M
      AI Estimate
      $1,748,000
      Market price range: $1.21M - $3.16M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,625,000
      Current use
      INDUSTRIAL (GENERAL)
      $2,910,000
      Change: +11% Conversion: Difficult
      RETAIL STORES
      $2,625,000
      Change: +0% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,365,000
      Change: -10% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.6186
    Latitude
    38.3675
    CBSA code
    41540
    CBSA name
    SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,175
    $132,000
    $988,300
    $1,120,300
    -
    $132,000
    $988,300
    $1,120,300
    More about this property
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