Property summary
This exceptional 4,820-square-foot executive office space in Salisbury, Maryland, presents a unique opportunity. Located at 919 Ellegood St, in Wicomico County, this Class B building offers a single-tenant occupancy. Previously used as a broadcasting studio, the property is ideally suited for media-related businesses or those requiring ample space and privacy. The layout includes dedicated studio space, separate office areas, a convenient kitchenette, and a welcoming reception area. Ample on-site parking is a significant advantage. The building's design offers flexibility, with the potential to utilize the existing tower for radio broadcasting purposes, subject to necessary permits and approvals. The entire 4,820 square feet is currently vacant and ready for immediate occupancy. This property is situated in Salisbury, MD, zip code 21801, offering a private and convenient location for your business. The property's history as a broadcasting studio provides a unique character and potential for creative adaptation. This is an excellent opportunity to secure a substantial, well-equipped office space in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Radio Station Telecommunications Service
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Radio Station Telecommunications Service
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Radio Station Telecommunications Service
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Radio Station Telecommunications Service
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Radio Station Telecommunications Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the industrial district is to recognize those areas of industrial development which have developed historically along the rivers and portions of rail lines in or close to the central part of the city and t…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I · Salisbury, MDThe purpose of the industrial district is to recognize those areas of industrial development which have developed historically along the rivers and portions of rail lines in or close to the central part of the city and t…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the industrial district is to recognize those areas of industrial development which have developed historically along the rivers and portions of rail lines in or close to the central part of the city and t…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I in Salisbury, MD.
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