Property profile

2523 Salisbury Blvd Salisbury, MD 21801

OFF-MARKET
Office Spaces
Property ID
US40-0106929
12,984 SF 3.33 ac lot Built 1992
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional Salisbury, MD commercial property offers a unique investment opportunity encompassing 12,984 square feet on a 3.33-acre lot. The property features a recently renovated 6,800 square foot main office building and a 900 square foot secondary office building, both boasting over $350,000 in recent upgrades. These upgrades include new LED lighting, new gravel, and modern amenities such as a reception area, training room, conference room, private offices, and restrooms. The owner is offering a leaseback option for the front buildings at $5,600 per month NNN, with an estimated 60% of taxes and insurance included. In addition to the office space, a 4,900 square foot warehouse is available for lease. This warehouse features 28-foot ceilings, a small office with HVAC, a restroom, two overhead drive-in doors, and a substantial yard area. The entire 3.33-acre property is fenced. A significant added benefit is an additional 0.69-acre parcel at the front of the property, fronting US Route 13, also available for purchase at $490,000. This presents a rare chance to acquire a substantial commercial property with versatile space, recent renovations, and excellent visibility on a major thoroughfare. The asking price for the main property is $1,300,000.

Property profile

Verified
Property type Office Spaces
Year built 1992
Total area 12,984 SF
Lot 3.33 ac (145,055 SF)
UPID US40-0106929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping General Contractor
  • Hardware & Home Improvement Interior Design
  • Plumbing Service General Contractor

Location

2523 Salisbury Blvd Salisbury, MD 21801
Salisbury metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
2 recorded transactions
2025
$1.2M
2022
$800,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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