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Pemberton Drive Salisbury, MD $ 1,900,000
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$ 1,900,000 Get more info
Pemberton Drive
$ 1,900,000
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Recently Listed New Construction
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Pemberton Drive

Salisbury, MD, 21801
$ 1,900,000
Bedrooms-- Baths-- Sq 722,660

Monthly Estimate*

$ 11,699

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Commercial Property for sale in Salisbury, MD

for $1,900,000. This 722,660 square foot building was built on a lot size of 16.59.

Millers Edge represents a rare, turnkey development opportunity in the City of Salisbury, Maryland. This 16.59-acre unimproved parcel is fully entitled for residential development, offering an incoming developer the ability to move from acquisition to active construction within 30 days. The seller has completed an exceptional level of pre-development due diligence eliminating the risk, time, and cost typically associated with the entitlement process. A full set of construction drawings is available for current layout. The approved site plan encompasses 153 residential units under the R-8A zoning designation. Alternatively, a minor plan redesign estimated at approximately 30 days would increase the unit count to 165 units by right under current zoning, providing immediate value-add upside for an experienced developer. Per the zoning code, various styles of multifamily are permitted including duplexes, townhomes, apartments, and single family.

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Commercial Active

Price

$ 1,900,000

Property Type

Commercial

Taxes

$ 1,714

Style

Apartment Building

Lot Size

16.59

Town/City

Salisbury

County/Region

Wicomico

MLS | Web ID

MDWC2022644
Features
Interior
Heating Fuel None
Hot Water None
Central Air Y/N N
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General
Sewer Public Sewer
Heating None
Cooling None
Possession Settlement
Zoning R-8A
Construction Materials Mixed
Property Subtype Land for Commercial Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Business Type Apartment Building
Accessibility None
County WICOMICO
New Construction Y
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Located on the west side of Salisbury just off Route 50 along the rapidly growing corridor of Pemberton Drive.
City SALISBURY
MLS Area Wicomico Northwest (23-01)
Lot Size Units Square Feet
Lot Size Square Feet 722660.40
Tax Annual Amount 1714.0
Construction Completed Y/N N
Vacation Rental Y/N N
Standard Status Active
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 16.59
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded Features
List By
Svn/Miller Commercial Real Estate

Broker

kelly.jeter@svn.com

Email

Affordability Calculator

$11,841
Per Month
99%
1%
0%
Monthly Principal & Interest
$11,699
Monthly Property Taxes
$143
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/27/2026$1,900,000 Listed Price

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Pemberton Drive, Salisbury, MD, 21801 is a Commercial Property for sale at $1,900,000 with 722,660 sqft and a lot size of 16.59. The property's zip code is 21801 which is in Salisbury, MD

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