953 S Salisbury Blvd

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953 S Salisbury Blvd

Salisbury, MD 21801
Asking Price
$395K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 953 S Salisbury Blvd in Salisbury, Maryland.
  • This land asset is currently available for $395,000.
  • The property is situated along the U.S. Route 13 corridor.
  • Salisbury acts as the economic hub for the Delmarva Peninsula.
  • The site offers development potential for various commercial business uses.

What's Special

Salisbury serves as a primary hub for the Delmarva Peninsula, benefiting from its strategic position along the U.S. Route 13 corridor. This property at 953 S Salisbury Blvd presents a land asset available for acquisition within this growing regional market. Given the location, the site is positioned to serve local commercial, industrial, or retail needs, depending on site-specific development plans and local municipal requirements. The surrounding area supports a consistent volume of traffic and provides necessary infrastructure for businesses looking to establish a footprint in this part of Maryland. Investors and developers often target this submarket for its role as the economic center for the Eastern Shore, which draws from a diverse regional population. With convenient access to major thoroughfares, the site is suitable for entities seeking a functional plot to execute development projects. Its integration into the established commercial fabric of Salisbury makes this land a practical addition to a broader real estate portfolio focused on the mid-Atlantic region.

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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