712 Brown St, Salisbury, MD 21804
This exceptional 18,640-square-foot industrial building presents a compelling investment opportunity in Salisbury, Maryland. Situated on a substantial 1.68-acre lot, this property boasts a prime location with excellent road frontage on both Naylor Street (385 feet) and Brown Street (335 feet). Originally designed as a warehouse and service distribution facility, the building features six convenient drive-in, drive-through overhead doors, facilitating efficient loading and unloading operations. The property is zoned City of Salisbury Light Industrial, offering versatility for a wide range of business uses. The building benefits from a robust 3-phase electrical service, ensuring reliable power for demanding operations. Currently generating $84,000 in annual gross income from month-to-month leases (which can be included or excluded in the sale), this property offers significant potential for immediate return on investment and future growth. An appraisal from W.R. McCain, dated June 17, 2024, is available for review. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving Eastern Shore market. Additional details are available in the property data sheet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
L-I · Salisbury, MDSalisbury. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.