Financial
Distress signals
Property profile

31997 Beaver Run Dr Salisbury, MD 21804

FOR SALE
Grocery and convenience stores
Property ID
US40-1066398
1,855 SF 2.67 ac lot Built 1994
Last sale Apr 2022 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a newly constructed 7-Eleven convenience store and gas station in Salisbury, Maryland. Located at 31997 Beaver Run Dr, Salisbury, MD 21804, this property boasts a 15-year absolute NNN lease with four, five-year renewal options, commencing May 1, 2024, and expiring April 30, 2039. The lease includes a substantial 10% rent increase every five years, providing significant long-term growth potential. The 4,505 square foot building sits on a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$905k
Effective rate1.00%

Value estimate

· Sep 2026
$2.62M
$2.36M – $2.88M
NOI build-up
Gross scheduled income$153k
Vacancy & credit loss−$17k
Operating expenses−$41k
NOI · 1.19% cap applied$95k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1.19%
$95k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M1
JurisdictionWICOMICO

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.8
Building Supply10.4
Wholesale Shop10.2

Location

31997 Beaver Run Dr Salisbury, MD 21804
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1307 Mt Hermon, Salisbury, MD 21804-5219 $307,000 Jun 2025 1,496 SF
31795 Mt Hermon, Salisbury, MD 21804-1447 $620,000 Dec 2024 2,208 SF
729 Main, Salisbury, MD 21804-5023 $65,750 Jul 2024 3,198 SF
1123 Main, Salisbury, MD 21804 $167,075 Jun 2023 1,296 SF
1119 Main, Salisbury, MD 21804-4423 $175,000 Feb 2021 1,718 SF
1619 Nock, Salisbury, MD 21804-3806 $100,000 Aug 2020 1,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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