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    OFF-MARKET
    Banks

    1503 Salisbury Blvd, Salisbury, MD 21801-7128

    2,600 SF 0.29 ac lot Built 2008
    Entity Owned ~ Est. High Equity
    Property ID
    US40-1520356
    Property summary
    AI-generated overview

    This exceptional 3,050 square foot, two-story office building presents a unique opportunity for businesses seeking high visibility and convenient access. Located at 1503 S Salisbury Boulevard in Salisbury, Maryland (zip code 21801), this all-brick property sits on a 0.29-acre lot and boasts a prime location near Salisbury University and numerous other businesses. The building's former use as a bank provides unique features including six offices, a break/lunch room, five former teller stations easily adaptable to additional office or conference space, thirteen parking spaces, a secure bank vault with safe deposit boxes, and a two-lane drive-thru. The property benefits from a lighted monument sign and is situated at a highly visible, lighted intersection ensuring significant traffic exposure. The entire 3,050 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. This property is ideal for a variety of businesses, including but not limited to banks, quick-service restaurants with drive-thrus, insurance companies, law firms, accounting firms, financial planners, or real estate companies. The property is classified as Office, Retail, with subtypes including Executive Office, Medical Office, Bank, and Storefront. The tenancy is single.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 2008
    Construction WOOD
    Total area 2,600 SF
    Lot 0.29 ac (12,688 SF)
    APN 13-034958
    UPID US40-1520356
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Forrest Commercial Properties LLC
    Forrest Commercial Properties LLC
    since 2026
    4 recorded transactions
    2026
    $1.2M
    2023
    2023
    2023
    $528,650
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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