Property profile

919 Ellegood St Salisbury, MD 21801

OFF-MARKET
Office buildings
Property ID
US40-0911152
3,900 SF 2.16 ac lot Built 1979
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Construction BRICK
Total area 3,900 SF
Lot 2.16 ac (94,090 SF)
Zoning code I
APN 09-008187
UPID US40-0911152

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
  • Radio Station Telecommunications Service
  • Radio Station Telecommunications Service
  • Radio Station Telecommunications Service
  • Radio Station Telecommunications Service
  • Radio Station Telecommunications Service

Location

919 Ellegood St Salisbury, MD 21801-8433
Salisbury metro Census 10300 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2025
Last sale
$325,000
2 recorded transactions
2025
$325,000
2016
$140,000

Zoning & alternative use

I · Salisbury, MD
Zoning description

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…

General category INDUSTRIAL

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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