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Medical Office Space
MD
Salisbury
21804
914 Eastern Shr Drb

Property profile

914 Eastern Shore Dr B Salisbury, MD 21804

FOR LEASE

Medical Office Space

Property ID

US40-2303278

2,700 SF 0.24 ac lot Built 1960

Entity Owned 12-yr Hold ~ Est. High Equity

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$1,300/Mo 2,700 SF available

914 Eastern Shore Dr,Unit B, Salisbury, MD 21804
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This property consists of a 2,700-square-foot partially finished warehouse space located within the “B” section of the building at 914 Eastern Shore Drive, in Unit B, on the left side of the structure when facing it from Eastern Shore Drive. The building is situated across from the intersection of Eastern Shore Drive and Clark Street. The space was formerly associated with a body shop facility, and the “A” section of the building has been converted to a professional medical office.

Property type Medical Office Space

Use group MEDICAL BUILDING

Year built 1960

Construction BRICK

Total area 2,700 SF

Lot 0.24 ac (10,434 SF)

Zoning code GC

APN 13-051917

UPID US40-2303278

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Physician
Medical Clinic
Counselor

914 Eastern Shore Dr, Unit B Salisbury, MD 21804

Salisbury metro Census 500 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

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Blend (final) Blend

$355k

since 2014

6 recorded transactions

2014

$350,000

2011

$395,000

2004

$325,000

1969

Price N/A

1969

Price N/A

1969

Price N/A

Zoning description

The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

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