329 Tilghman Rd Salisbury, MD 21804-2076
- Office buildings
- 15,250 SF
- 0.92 lot acres
Current Use by Public Records
- The Ridge / Place Of Worship
- Smooches Fur Pooches / Pet Groomer
Property Details for 329 Tilghman Rd
- Year built
- 1977
- Lot size
- 0.92 lot acres
- Property size
- 15,250 SF
- Property type
- Office buildings
- APN
- 05-123666
- APU
- 5123666
Description
This exceptional retail or office space is located in the highly desirable Oakridge Commons shopping center in Salisbury, Maryland. Situated at 329 Tilghman Road, Unit 100, this property offers a versatile layout ideal for a variety of businesses. The space boasts a welcoming reception/waiting area, perfect for client interaction, along with several private offices providing individual workspaces for enhanced productivity. A convenient kitchenette is included, adding to the functionality and comfort of the space. Furthermore, an open workspace area allows for flexible configuration to suit specific business needs. The property benefits from its location within a thriving commercial center, sharing space with established businesses such as Olympia Fitness Gym, Junior Achievement, Oak Ridge Church, and Downtown Bridal, ensuring high visibility and foot traffic. Daily traffic counts average approximately 19,642 vehicles, providing significant exposure for your business. Access to the property is convenient, with direct access from Route 50 via a well-lit intersection. The surrounding area also includes other prominent businesses such as Starbucks, and a KFC/Taco Bell, further enhancing the location's appeal and drawing a diverse customer base. This is a rare opportunity to establish your business in a prime location with excellent visibility and accessibility. The property is available for lease. Contact us today to schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $445,000
- 6.5%
- $475,000
- 7%
- $460,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $505,000
- Geo Method
- $450,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $450,000
- Retail
- $435,000
- Mixed-Use
- $515,000
- Hospitality
- $420,000
- Educational
- $455,000
- Residential Income
- $405,000
- Energy
- $470,000
- Income-Based Land
- $395,000
- Food Service
- $525,000
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Wicomico
- State
- Maryland
- Longitude
- -75.5418
- Latitude
- 38.3667
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA