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Financial
Distress signals
Property profile

1503 S Salisbury Blvd Salisbury, MD 21801

FOR LEASE
Banks
Property ID
US40-1520356
2,600 SF 0.29 ac lot Built 2008
Last sale Apr 2026 · $1,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-story, freestanding mixed-use commercial building configured to support both office and retail uses within the same structure. The property includes a drive-through component and monument signage for customer access and roadside identification. It is located along the Route 13 corridor in Salisbury, Maryland.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$481k
Effective rate1.00%

Value estimate

· Oct 2026
$405k
$365k – $446k
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$3k
Operating expenses−$17k
NOI · 1,053.87% cap applied$52k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,053.87%
$52k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWICOMICO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.7
Convenience Store10.3
Wholesale Shop10.1

Location

1503 S Salisbury Blvd Salisbury, MD 21801
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 Salisbury, Salisbury, MD 21801 $450,000 Feb 2025 2,496 SF
811 Ww, Salisbury, MD 21801-3027 $130,000 Feb 2024 2,070 SF
706 Waverly, Salisbury, MD 21801-5856 $340,000 Jul 2023 2,520 SF
1217 Salisbury, Salisbury, MD 21801-3644 $260,000 Jun 2022 3,022 SF
1049 Salisbury, Salisbury, MD 21801 $2,100,000 Jul 2021 2,563 SF
1312 Salisbury, Salisbury, MD 21801-3675 $350,000 Jul 2020 3,807 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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