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Property summary
This exceptional 9,577-square-foot warehouse in Salisbury, Maryland, offers multiple divisible units ranging from 1,177 to 6,000 contiguous square feet. Currently fully vacant and available November 1, 2024, this standalone building boasts ample parking for 15+ vehicles. The property features six offices, a conference room, a kitchenette, and two restrooms. Its strategic location just off US Route 50 ensures easy access to major transportation routes. The building enjoys a highly desirable location directly across from the Twilley Shopping Center and within minutes of the Wicomico Convention Center, Wicomico High School, the Salisbury Zoo, and the upcoming "Old Mall" multi-family redevelopment project. Proximity to downtown Salisbury and numerous restaurants and businesses in East Salisbury adds to its appeal. This is a Modified Gross Lease
Property profile
VerifiedCap rate & NOI
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Salisbury market rent, vacancy and expense benchmarks for this use type.
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
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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