Property summary
This exceptional 1.97-acre industrial property, located at 1607 Northwood Drive Unit 103, Salisbury, MD, presents a unique opportunity for businesses seeking flexible and strategically positioned space. Currently configured for warehousing, this unit will be available December 1st, 2024, or potentially sooner. The space boasts a C-1 General Commercial zoning designation, the most versatile zoning category in Salisbury, allowing for a wide array of uses. The property features shared dock-high access with a secured gated fence at the rear, facilitating efficient tractor-trailer loading and unloading. Two loading docks are conveniently situated on a common corridor. A fenced and paved rear parking area, complete with an automatic gate, provides ample on-site parking. An additional acre of land to the south offers potential for further parking expansion. This property benefits from its excellent location at the corner of Northwood Drive and Alexander Avenue, just one block from Route 13, ensuring easy access to major transportation routes. The property is also situated within the Wicomico County Enterprise Zone, potentially offering economic incentives. High-quality industrial-service neighbors further enhance the desirability of this location. The floor plan is available upon request. This versatile flex building is ideal for businesses requiring a blend of office and warehouse space, offering a secure and convenient environment for operations.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Production Facility
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General Contractor Construction Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GC · Salisbury, MDThe purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…
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 general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Salisbury, MD.
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