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Salisbury Real Estate Properties
Current listing sort order is by: List Price - Descending
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MLS Number: MDWC108374
Five Or More Units
Cedar Crossing - 101 CEDAR CROSSING ROAD, SALISBURY, MD
0 Bedrooms, 0 Baths, 0 Half Baths
Rinnier Development is proud to offer the student housing portfolio of Cedar Crossing for sale. All units are walking distance to the Salisbury University campus and across the street from the football stadium and other sports fields. Current rental rates are lower than most competitors and there is space for amenities to be added.The portfolio (6.03% CAP rate) consists of 58 individual units with 228 bedrooms that were all built new in 1999 - wood frame construction with vinyl siding, asphalt shingles, vinyl wood, carpet and vinyl tile flooring throughout. Kitchens are complete with refrigerator, dishwasher and stove; laminate and cultured marble tops in kitchens and bathrooms. All units have washer
Priced to sell: $11,250,000
0 Bedrooms, 0 Baths, 0 Half Baths
Rinnier Development is proud to offer the student housing portfolio of Cedar Crossing for sale. All units are walking distance to the Salisbury University campus and across the street from the football stadium and other sports fields. Current rental rates are lower than most competitors and there is space for amenities to be added.The portfolio (6.03% CAP rate) consists of 58 individual units with 228 bedrooms that were all built new in 1999 - wood frame construction with vinyl siding, asphalt shingles, vinyl wood, carpet and vinyl tile flooring throughout. Kitchens are complete with refrigerator, dishwasher and stove; laminate and cultured marble tops in kitchens and bathrooms. All units have washer
Priced to sell: $11,250,000
MLS Number: MDWC112350
Office
2324 N ZION DRIVE, SALISBURY, MD
0 Bedrooms, 0 Baths, 0 Half Baths
100% net leased investment property - Northwood Professional Center. Build in 2019 offering high quality construction and professional landscaping. Consists of 3 buildings totaling 25,207 sq.ft. on 2.61 acres of land. The property contains a total of 16 units. Building B offers 12' bay doors and Building C units offer 10' bay doors. First class finished office spaces with drywall, acoustical tile ceilings and ceramic tile and LVT flooring. All units are currently under new 5 years leases. Very attractive complex located just minutes from US Route 13 & US Route 50 bypass near shopping, restaurants and services. Property is situated in the Northwood Industrial Park which has access to all municipal services and is home to over 40 manufacturers. Located in an Enterprise Zone offering a 10 year local property tax credit to the owner. The amount of the tax credit is 80% for each of the first five years starting July 2020. In years 6-10 the credit decreases 10% annually.
Priced to sell: $5,300,000
0 Bedrooms, 0 Baths, 0 Half Baths
100% net leased investment property - Northwood Professional Center. Build in 2019 offering high quality construction and professional landscaping. Consists of 3 buildings totaling 25,207 sq.ft. on 2.61 acres of land. The property contains a total of 16 units. Building B offers 12' bay doors and Building C units offer 10' bay doors. First class finished office spaces with drywall, acoustical tile ceilings and ceramic tile and LVT flooring. All units are currently under new 5 years leases. Very attractive complex located just minutes from US Route 13 & US Route 50 bypass near shopping, restaurants and services. Property is situated in the Northwood Industrial Park which has access to all municipal services and is home to over 40 manufacturers. Located in an Enterprise Zone offering a 10 year local property tax credit to the owner. The amount of the tax credit is 80% for each of the first five years starting July 2020. In years 6-10 the credit decreases 10% annually.
Priced to sell: $5,300,000
MLS Number: 1001560128
Industrial
2305 NORTHWOOD DRIVE, SALISBURY, MD
0 Bedrooms, 0 Baths, 0 Half Baths
OPPORTUNITY ZONE! 144,492 sq.ft. manufacturing facility for sale at $4,500,000 or lease at $4.00 per sq.ft. 20' - 27' ceiling heights. 2 overhead cranes with 2 - 5 ton hoists w/ remote control / 4 electric 3 ton hoists, 8 - 2.5 ton hoists on JIB cranes. 3 phase electric 600V 2000 amps. Security fencing. 20 +/- acres. Drive-in doors and warehouse loading doors. 265+ parking spaces. 1800 sq.ft. office space. Large employee lounge. Add'l 15,000 sq.ft. warehouse with 5 - 20' drive-in doors. The sale is subject to existing leases.
Priced to sell: $4,500,000
0 Bedrooms, 0 Baths, 0 Half Baths
OPPORTUNITY ZONE! 144,492 sq.ft. manufacturing facility for sale at $4,500,000 or lease at $4.00 per sq.ft. 20' - 27' ceiling heights. 2 overhead cranes with 2 - 5 ton hoists w/ remote control / 4 electric 3 ton hoists, 8 - 2.5 ton hoists on JIB cranes. 3 phase electric 600V 2000 amps. Security fencing. 20 +/- acres. Drive-in doors and warehouse loading doors. 265+ parking spaces. 1800 sq.ft. office space. Large employee lounge. Add'l 15,000 sq.ft. warehouse with 5 - 20' drive-in doors. The sale is subject to existing leases.
Priced to sell: $4,500,000
MLS Number: MDWC107518
Land
0 OLIPHANT DRIVE, SALISBURY, MD
0 Bedrooms, 0 Baths, 0 Half Baths
23.89 acres of development land, commercially zoned in north Salisbury. Great location for a Medical Campus or an assisted living facility. Some engineering has been done on the property and some brush has been removed . The property has been engineered for 294 condominium units, this space has been designed by Parker & Associates to bring a major opportunity to one of Salisbury's most eligible development parcels. Located directly behind Target and across from Addison Court apartments, this location is in the heart of Salisbury's shopping, dining and entertaining sector. Utility hookups available on-site. Increased density possible if developed for senior housing, up to 20/ acre. Contact office for further details.
Priced to sell: $4,375,000
0 Bedrooms, 0 Baths, 0 Half Baths
23.89 acres of development land, commercially zoned in north Salisbury. Great location for a Medical Campus or an assisted living facility. Some engineering has been done on the property and some brush has been removed . The property has been engineered for 294 condominium units, this space has been designed by Parker & Associates to bring a major opportunity to one of Salisbury's most eligible development parcels. Located directly behind Target and across from Addison Court apartments, this location is in the heart of Salisbury's shopping, dining and entertaining sector. Utility hookups available on-site. Increased density possible if developed for senior housing, up to 20/ acre. Contact office for further details.
Priced to sell: $4,375,000
MLS Number: MDWC108376
Five Or More Units
Cedar Commons - 302 CEDAR CROSSING ROAD, SALISBURY, MD
0 Bedrooms, 0 Baths, 0 Half Baths
Rinnier Development is proud to bring the student housing portfolio of Cedar Commons for sale. 22 units with 80 bedrooms all within walking distance to Salisbury University. This is portfolio sale for all properties, addresses include: 302-330 Cedar Crossing Road230 Lakewood Drive227-229 Brown Street821 Johnson RoadPlease call for more information on this existing, turn-key student housing opportunity with a CAP rate of 7.79%
Priced to sell: $3,750,000
0 Bedrooms, 0 Baths, 0 Half Baths
Rinnier Development is proud to bring the student housing portfolio of Cedar Commons for sale. 22 units with 80 bedrooms all within walking distance to Salisbury University. This is portfolio sale for all properties, addresses include: 302-330 Cedar Crossing Road230 Lakewood Drive227-229 Brown Street821 Johnson RoadPlease call for more information on this existing, turn-key student housing opportunity with a CAP rate of 7.79%
Priced to sell: $3,750,000
MLS Number: MDWC110132
27930 PEMBERTON DRIVE, SALISBURY, MD
Pool: No Pool
3 Bedrooms, 2 Baths, 0 Half Baths
SUBDIVISION POTENTIAL -- INCREDIBLE OPPORTUNITY - 100+ Acres [2 parcels: 27980 and 29730 Pemberton Drive]. Investors and Developers' dream! Potential to develop a large subdivision just off Route 50, tucked back on Pemberton Drive on Salisbury's sought-after west side. Each parcel currently has a home if someone wanted to use the properties as working farms. Call for details!
Priced to sell: $3,600,000
Pool: No Pool
3 Bedrooms, 2 Baths, 0 Half Baths
SUBDIVISION POTENTIAL -- INCREDIBLE OPPORTUNITY - 100+ Acres [2 parcels: 27980 and 29730 Pemberton Drive]. Investors and Developers' dream! Potential to develop a large subdivision just off Route 50, tucked back on Pemberton Drive on Salisbury's sought-after west side. Each parcel currently has a home if someone wanted to use the properties as working farms. Call for details!
Priced to sell: $3,600,000
MLS Number: MDWC110134
27980 PEMBERTON DRIVE, SALISBURY, MD
Pool: No Pool
3 Bedrooms, 2 Baths, 0 Half Baths
SUBDIVISION POTENTIAL -- INCREDIBLE OPPORTUNITY - 100+ Acres [2 parcels: 27980 and 29730 Pemberton Drive]. Investors and Developers' dream! Potential to develop a large subdivision just off Route 50, tucked back on Pemberton Drive on Salisbury's sought-after west side. Each parcel currently has a home if someone wanted to use the properties as working farms. Call for details!
Priced to sell: $3,600,000
Pool: No Pool
3 Bedrooms, 2 Baths, 0 Half Baths
SUBDIVISION POTENTIAL -- INCREDIBLE OPPORTUNITY - 100+ Acres [2 parcels: 27980 and 29730 Pemberton Drive]. Investors and Developers' dream! Potential to develop a large subdivision just off Route 50, tucked back on Pemberton Drive on Salisbury's sought-after west side. Each parcel currently has a home if someone wanted to use the properties as working farms. Call for details!
Priced to sell: $3,600,000
MLS Number: MDWC103968
Office
2326 GODDARD PARKWAY, SALISBURY, MD
0 Bedrooms, 0 Baths, 0 Half Baths
Great office complex investment property with long term stable tenants, completely remodeled, including new exterior, new lighting, new HVAC, roof less than 7 years old, new monument sign, landscaping, and almost all tenants have completely remodeled interiors. With close proximity to the north side this property has tons of growth potential. Rent Roll and floor plan available upon request, and signed NDA.
Priced to sell: $2,600,000
0 Bedrooms, 0 Baths, 0 Half Baths
Great office complex investment property with long term stable tenants, completely remodeled, including new exterior, new lighting, new HVAC, roof less than 7 years old, new monument sign, landscaping, and almost all tenants have completely remodeled interiors. With close proximity to the north side this property has tons of growth potential. Rent Roll and floor plan available upon request, and signed NDA.
Priced to sell: $2,600,000
MLS Number: MDWC107760
Industrial
1751 WESTWOOD DRIVE, SALISBURY, MD
0 Bedrooms, 0 Baths, 0 Half Baths
Offering for sale 1751 Westwood Drive Salisbury. This offering presents an opportunity to establish a foothold in this increasingly desirable area located within 2-3 hours of Baltimore, DC and Philadelphia. This is a very modern warehouse/manufacturing/distribution facility situated on 2.3 acres conveniently located just off the Route 50 & Route 13 interchange in Westwood Commerce Park. The building was completely renovated in 2019. The Warehouse is 25,291 +/- sq.ft.; the Office Area 1300 +/- sq.ft.; the Covered Loading Dock 2500 +/- sq.ft.; the Steel and Concrete Mezzanine Level 1760 +/- sq.ft. The Clear Height is 25'. There are 5 Dock high positions all with levelers and one with 14'x12' drive in door. This building has a new roof deck with R41 insulation, sidewalls with R31 insulation, lighting, dry fire sprinkler system, floor drains, heavy duty power supply and electric service, and plenty of parking for 8 trucks and 30 cars. The property is located in a Maryland Enterprise zone location with tax incentives possible. See link: https://swed.org/incentives/ Best use would be manufacturing and/or warehouse distribution and the professional office space is an added benefit. This was previously a large commercial laundry. Bring manufacturing back to the Great USA. (Listing agent is related to seller)
Priced to sell: $2,390,000
0 Bedrooms, 0 Baths, 0 Half Baths
Offering for sale 1751 Westwood Drive Salisbury. This offering presents an opportunity to establish a foothold in this increasingly desirable area located within 2-3 hours of Baltimore, DC and Philadelphia. This is a very modern warehouse/manufacturing/distribution facility situated on 2.3 acres conveniently located just off the Route 50 & Route 13 interchange in Westwood Commerce Park. The building was completely renovated in 2019. The Warehouse is 25,291 +/- sq.ft.; the Office Area 1300 +/- sq.ft.; the Covered Loading Dock 2500 +/- sq.ft.; the Steel and Concrete Mezzanine Level 1760 +/- sq.ft. The Clear Height is 25'. There are 5 Dock high positions all with levelers and one with 14'x12' drive in door. This building has a new roof deck with R41 insulation, sidewalls with R31 insulation, lighting, dry fire sprinkler system, floor drains, heavy duty power supply and electric service, and plenty of parking for 8 trucks and 30 cars. The property is located in a Maryland Enterprise zone location with tax incentives possible. See link: https://swed.org/incentives/ Best use would be manufacturing and/or warehouse distribution and the professional office space is an added benefit. This was previously a large commercial laundry. Bring manufacturing back to the Great USA. (Listing agent is related to seller)
Priced to sell: $2,390,000
MLS Number: 1001566470
Land
122 PARKER ROAD, SALISBURY, MD
0 Bedrooms, 0 Baths, 0 Half Baths
City of Salisbury, Md. - All BUILDERS & DEVELOPERS, 35.2 acres bordering on Parker Road/ Old Ocean City Road/ Beaglin Park Drive. Approved for 212 Townhouse units - two things must be updated - the storm water management and the entrance on Old Ocean City Road must be relocated to Parker Road. Water and sewer available from the entrance on Beaglin Park Drive. A new engineering plan incorporating the above changes must be submitted to Planning & Zoning. Currently under contract with contingencies; the owner is encouraging Backup Contracts. The property is excellent for a Senior community; Continuing Care Residential Community, or apartments. The Agriculture Recapture Tax has been paid. The seller is a licensed real estate agent in Delaware. Please call for details.
Priced to sell: $2,000,000
0 Bedrooms, 0 Baths, 0 Half Baths
City of Salisbury, Md. - All BUILDERS & DEVELOPERS, 35.2 acres bordering on Parker Road/ Old Ocean City Road/ Beaglin Park Drive. Approved for 212 Townhouse units - two things must be updated - the storm water management and the entrance on Old Ocean City Road must be relocated to Parker Road. Water and sewer available from the entrance on Beaglin Park Drive. A new engineering plan incorporating the above changes must be submitted to Planning & Zoning. Currently under contract with contingencies; the owner is encouraging Backup Contracts. The property is excellent for a Senior community; Continuing Care Residential Community, or apartments. The Agriculture Recapture Tax has been paid. The seller is a licensed real estate agent in Delaware. Please call for details.
Priced to sell: $2,000,000
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