Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Pediatrician Physician
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Veterinary Clinic
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Foster Care Service Social Service Agency
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Publishing House
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the neighborhood business district is to provide areas along major roads or intersections in residential neighborhoods for clustering of limited business and service uses, the areas are exposed to large am…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
NB · Salisbury, MDThe purpose of the neighborhood business district is to provide areas along major roads or intersections in residential neighborhoods for clustering of limited business and service uses, the areas are exposed to large am…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the neighborhood business district is to provide areas along major roads or intersections in residential neighborhoods for clustering of limited business and service uses, the areas are exposed to large am…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NB in Salisbury, MD.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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