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Financial
Distress signals
Property profile

1517-1527 N Salisbury Blvd Salisbury, MD 21804

FOR SALE
Retail space
Property ID
US40-1899760
18,480 SF 1 ac lot Built 1940
Last sale Aug 2026 · $1,625,000
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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Market Trends Soon
1517-1527 N Salisbury Blvd, Salisbury, MD 21804 For Sale 1 / 4
Contact for pricing 18,480 SF
1517-1527 N Salisbury Blvd, Salisbury, MD 21804
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Property summary

AI-generated overview

A multitenant storefront property features a 4,144-square-foot retail space with a modern exterior appearance and an interior designed for customization, allowing flexible floor-plan configurations to accommodate a variety of retail buildouts. The unit is located at 1517 N Salisbury Boulevard B in Salisbury, Maryland, and is positioned to provide street visibility. The property includes an expansive on-site parking area with capacity for approximately 62 vehicles, supporting convenient customer and employee access.

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 · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$1.24M
Assessed land$224k
Assessed improvement$1.02M
Effective rate0.96%

Value estimate

· Oct 2026
$1.65M
$1.48M – $1.81M
AI approach$1.69M
Submarket $/SF estimate$1.89M
NOI build-up
Gross scheduled income$866k
Vacancy & credit loss−$98k
Operating expenses−$230k
NOI · 29.86% cap applied$537k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$182/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$113 – $255

Cap rate analysis

How does the asset earn?
29.86%
$537k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
GC
The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, ...
General categoryINDUSTRIAL
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 Firm12.8
Parking Facility9.6
Tailor Shop9.2

Location

1517-1527 N Salisbury Blvd Salisbury, MD 21804
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1150 Pemberton, Salisbury, MD 21801-2400 $1,600,000 Jan 2026 4,648 SF
7900 Royality, Salisbury, MD 21801-2297 $1,244,013 Mar 2025 5,595 SF
2417 Salisbury, Salisbury, MD 21801-2192 $950,000 Oct 2024 5,000 SF
833 Salisbury, Salisbury, MD 21801-6207 $2,450,000 Aug 2022 14,308 SF
28940 Naylor Ml, Salisbury, MD 21801-8040 $5,502,029 Oct 2021 4,950 SF
2320 Salisbury, Salisbury, MD 21801-2145 $925,000 Jun 2021 8,960 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

Comparable nearby

  • Value Estimation
    $495,000
    18,362 SF
    429 Lk Park Dr
    GYM, HEALTH SPA
    429 Lk Park Dr, Salisbury, MD 21801-1112
    View Details
  • Value Estimation
    $3,650,000
    16,120 SF
    2423 Salisbury Blvd
    RETAIL STORES (PERSONAL SERVICES)
    2423 Salisbury Blvd, Salisbury, MD 21801-2234
    View Details
  • Value Estimation by Request
    5,500 SF
    1145 Salisbury Blvd
    FINANCIAL BUILDING
    1145 Salisbury Blvd, Salisbury, MD 21801-6836
    View Details
  • Value Estimation
    $470,000
    5,300 SF
    1009 Salisbury Blvd
    RETAIL STORES (PERSONAL SERVICES)
    1009 Salisbury Blvd, Salisbury, MD 21801-6311
    View Details
  • Value Estimation
    $1,035,000
    5,166 SF
    1033 Salisbury Blvd
    CONVENIENCE STORE
    1033 Salisbury Blvd, Salisbury, MD 21801
    View Details
  • Value Estimation
    $645,000
    5,000 SF
    1404 Salisbury Blvd
    RETAIL STORES (PERSONAL SERVICES)
    1404 Salisbury Blvd, Salisbury, MD 21801-7150
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
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  • Contact for pricing
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  • New
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  • Contact for pricing
    200,000 SF
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    Established shopping center with flexible units for lease.
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  • New
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  • $250,000
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    Configured with reception, group rooms, storage, and four bathrooms.
    224 MAIN Street, Salisbury, MD 21801
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Similar Nearby for Lease

  • New
    $8 SF/Yr
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  • Contact for pricing
    9,735 sqft
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    Retail space available with approximately 9,735 square feet.
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    View Details
  • New
    $1,050/Mo
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    Retail Space with Flooring Upgrade
    Retail space in a commercial center with planned flooring improvements and separate electric metering.
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    View Details
  • New
    $1,800/Mo
    4,550 sqft
    Prime Corner Retail/Office Space
    High-visibility retail or office space in central Salisbury.
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    View Details
  • New
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    Retail Space For Lease
    Retail space available for lease in Salisbury, Maryland.
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    View Details
  • $7 SF/Yr
    127,265 sqft
    Inline Retail Space
    Adjacent to Save-A-Lot in Salisbury Shopping Center, with custom build-outs available.
    200 Cypress St Unit 224, Salisbury, MD 21801
    View Details
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