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    Property profile & analytics

    2312 Salisbury Blvd Salisbury, MD 21801-7380

    • Turn key restaurants
    • 5,558 SF
    • 1.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1566071
    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

    • LongHorn Steakhouse / Traditional American Restaurant / Steak House

    Property Details for 2312 Salisbury Blvd

    Year built
    2012
    Lot size
    1.19 lot acres
    Property size
    5,558 SF
    Zone code
    GC
    Property type
    Turn key restaurants
    APN
    05-107105
    APU
    5107105

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5695
    Latitude
    38.4004
    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
    $18,995
    $1,019,000
    $885,300
    $1,904,300
    -
    $1,019,000
    $885,300
    $1,904,300

    Comparable in this City

    • Value Estimation by Request
      6,616 SF

      2601 Salisbury Blvd

      RESTAURANT • 6,616 SF
      2601 Salisbury Blvd, Salisbury, MD 21801-2142
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    • Value Estimation by Request
      3,430 SF

      917 Salisbury Blvd

      RESTAURANT • 3,430 SF
      917 Salisbury Blvd, Salisbury, MD 21801-9318
      View Details
    • Value Estimation
      $1,015,000
      2,914 SF

      934 Salisbury Blvd

      RESTAURANT • 2,914 SF
      934 Salisbury Blvd, Salisbury, MD 21801-6317
      View Details
    • Value Estimation by Request
      3,768 SF

      1151 Salisbury Blvd

      RESTAURANT • 3,768 SF
      1151 Salisbury Blvd, Salisbury, MD 21801-6836
      View Details
    • Value Estimation by Request
      6,396 SF

      1309 Salisbury Blvd

      RESTAURANT • 6,396 SF
      1309 Salisbury Blvd, Salisbury, MD 21801-6840
      View Details
    • Value Estimation
      $170,000
      1,919 SF

      1100 Pemberton Dr

      RESTAURANT • 1,919 SF
      1100 Pemberton Dr, Salisbury, MD 21801-2400
      View Details

    Similar Nearby for Sale

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      137,849 SF commercial land within a super regional mall.
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    • $1,095,000
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      Salisbury Retail Center Investment Opportunity

      Two buildings, high-traffic location, excellent potential.
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    Similar Nearby for Lease

    • $4,000 /Mo
      54,014 SF

      Turn-Key Restaurant on Route 13

      Former Checkers restaurant with high visibility and drive-through.
      800 S Salisbury Blvd, Salisbury, MD 21801
      View Details
    • $185,000
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      Prime Retail Space on Salisbury Blvd

      Sublease opportunity in high-traffic Salisbury location with drive-through.
      2413 N Salisbury Blvd, Salisbury, MD 21801
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    • $5,362 /Mo

      Freestanding Retail/Restaurant Building For Lease

      Freestanding retail/restaurant building on highly traveled corridor.
      1053 N Salisbury Blvd, Salisbury, MD 21801
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    • $1,250 /Mo
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      Prime Commercial Space in Salisbury

      Highly visible commercial space for lease in Salisbury, Maryland.
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    • $4,000 /Mo
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      Restaurant/Retail Space For Rent

      Restaurant or retail property available for rent.
      754 S Salisbury Blvd, Salisbury, MD 21801
      View Details
    • New
      $28 SF/Yr
      44,867 SF

      Restaurant Space on Route 13

      Former restaurant space with high traffic and existing equipment.
      109-B Hampshire Rd, Salisbury, MD 21801
      View Details

    Property Visit Statistics

    • Visits by month
      21.1k
    • Visitors by month
      18.3k
    • Avg Time on site
      73 min
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    2312 Salisbury Blvd
    Salisbury, MD 21801-7380
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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