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Property profile & analytics

210 Mill St Salisbury, MD 21801

  • Warehouses
  • 11,900 SF
  • 1.17 lot acres
For Lease
Last Sale
Jan 25, 2023
$375,000
Value Estimations
$490,000
Cap Rate Potential
Location Intelligence
Property ID
US40-0966892
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 210 Mill St

Year built
1958
Construction
BRICK
Lot size
1.17 lot acres
Property size
11,900 SF
Zone code
RRMU
Property type
Warehouses
APN
09-046054
APU
9046054

Description

This exceptional Class A industrial property, located at 210 Mill St, Salisbury, MD 21801, offers 40,000 square feet of versatile space within a single, two-story building. The property sits on 1.17 acres of land and is zoned RRMU in Wicomico County. Built in 1958, the building is currently fully vacant and available for immediate occupancy. The space is divisible to a minimum of 2,500 square feet, accommodating a variety of business needs, from small startups to large-scale operations. With three total suites, the property offers flexibility for multiple tenants or a single large occupant. A 10% load factor is included. Its prime waterfront location provides unparalleled access to maritime transportation, while its proximity to bus route 50 ensures high visibility and convenient access for employees and clients. Furthermore, the property benefits from immediate access to major highways, making it an ideal location for logistics, import/export, storage, and manufacturing businesses. This is a rare opportunity to secure a substantial, well-located industrial space with significant potential. The property's size, location, and accessibility make it a highly desirable asset for businesses seeking efficient operations and strategic positioning.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $440,000
    ML approach
    $470,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $647,000
    Market price range: $541k - $2.21M
    AI Estimate
    $520,000
    Market price range: $510k - $2.05M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Salisbury
County
Wicomico
State
Maryland
Longitude
-75.6034
Latitude
38.3666
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,533
$165,500
$188,700
$354,200
-
$165,500
$188,700
$354,200
More about this property
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