Property profile

818 Brown St Salisbury, MD 21804

OFF-MARKET
Other warehouses
Property ID
US40-0317427
27,465 SF 4 ac lot Built 1968
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A 27,465-square-foot manufacturing and distribution warehouse located in Salisbury, Maryland, set on 4 acres with a fully fenced perimeter and a separately gated exterior yard area. The interior is configured with a warehouse zone featuring 24-foot ceiling heights and is fully sprinklered, with additional fully conditioned clean lab/production space that can be repurposed or removed to expand warehouse area. Loading amenities include two front dock-high doors and a third loading area consisting of an exterior dock-high platform with double doors; there are three dock-high loading locations in total, including one leveler. The building is supplied with 3-phase 120/240V service with 2,000 amps of electrical capacity. The space breakdown includes approximately 7,000 square feet of warehouse area and approximately 20,465 square feet of office/lab/production area. The property is positioned just northeast of downtown Salisbury in the central area, with proximity to Routes 50 and 13 and straightforward access to major highway corridors. It is located within an Enterprise Zone and an Opportunity Zone.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1968
Construction BRICK
Total area 27,465 SF
Lot 4 ac (174,240 SF)
Zoning code L-I
APN 05-021626
UPID US40-0317427

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
  • HVAC Service General Contractor
  • Hardware & Home Improvement Construction Company

Location

818 Brown St Salisbury, MD 21804-3202
Salisbury metro Census 100 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$420k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2015
Price N/A
2006
Price N/A

Zoning & alternative use

L-I · Salisbury, MD

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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