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    Property profile & analytics
    OFF-MARKET Estimated value $840,000
    Strip malls

    2420 Salisbury Blvd, Salisbury, MD 21801-2189

    22,500 SF 2.69 ac lot Built 1994
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US40-0935315
    Property summary
    AI-generated overview

    This 1,600 square foot retail or professional space is situated in the vibrant Lotus Plaza Shopping Center on North Route 13 in Salisbury, Maryland. Currently set up as a hair salon, the space features a large open area at the front, a central section with plumbing for two shampoo bowls, two private offices, a storage closet, and a private bathroom. All existing fixtures, furniture, and equipment (FF&E) will be removed prior to occupancy, providing a blank canvas for your business. The property is located in a Class A shopping center with strong national and local tenants including Jersey Mike's Subs, ATI Physical Therapy, Cricket Mobile, and H&R Block, ensuring high visibility and foot traffic. The center benefits from its proximity to the Salisbury Mall, a major retail destination with consistently high traffic counts exceeding 35,000 vehicles per day. Furthermore, the property's location is less than a quarter-mile from the Salisbury Bypass, providing excellent access and convenient commuting for customers and employees. The property sits on a 2.69-acre lot. This prime location offers an exceptional opportunity for a variety of businesses seeking high visibility and convenient access in a thriving retail environment. The space is available immediately.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1994
    Construction BRICK
    Total area 22,500 SF
    Lot 2.69 ac (117,176 SF)
    APN 05-034876
    UPID US40-0935315
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Katie Gilbert Physician
    • H&R Block Tax Preparation
    • Arlo Scarlett Salon Hair Salon
    • Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
    • Lendmark Financial Services LLC Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $765k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $913k
    Blend (final) Blend
    $840k
    Owner & transaction history
    Lotus Plaza LLC · 5 yrs held
    Lotus Plaza LLC
    since 2020
    4 recorded transactions
    2026
    2020
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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