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    Property profile & analytics
    OFF-MARKET Estimated value $7,890,000
    Community centers

    404 Fruitland Blvd, Fruitland, MD 21826

    85,540 SF 9.25 ac lot Built 1966
    Entity Owned 25-yr Hold Free & Clear
    Property ID
    US40-0743217
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents 12,100 square feet of vacant space within the Fruitland Center, a multi-tenant retail property located at 404 N Fruitland Blvd, Salisbury, MD 21801. The center boasts a total of 84,331 square feet of retail space, ensuring high visibility and ample foot traffic. This particular pad offers significant potential for a variety of retail uses, benefiting from its prime location in Wicomico County. The property features convenient parking, with a ratio of 4.5 spaces per 1,000 square feet. The address is conveniently situated in Fruitland, Maryland, offering easy access for customers and employees. This is an ideal location for businesses seeking high visibility and strong customer accessibility. The available space is ready for immediate occupancy, providing a unique chance to establish or expand your retail presence in a thriving market. The property is classified as a retail pad within a larger multi-tenant retail center, offering the benefits of shared amenities and a strong tenant mix. This is a rare opportunity to secure a significant retail space in a desirable location. Contact us today to learn more about this exceptional leasing opportunity.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1966
    Construction BRICK
    Total area 85,540 SF
    Lot 9.25 ac (402,930 SF)
    Zoning code C
    APN 16-000779
    UPID US40-0743217
    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
    • Daniel J. Balish, PharmD Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $7.89M
    Blend (final) Blend
    $7.89M
    Owner & transaction history
    Gbr Cedar Lane LLC · 25 yrs held
    Gbr Cedar Lane LLC
    since 2001
    1 recorded transaction
    2001
    Zoning & alternative use
    C · Fruitland, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $12.5M +20.2%
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