1945 Northwood Drive Salisbury, MD ^$ 450,000

1945 Northwood Drive

^$ 450,000

Back to search

Recently Listed

1945 Northwood Drive

Salisbury, MD, 21801

^$ 450,000

Bedrooms-- Baths-- Sq 4,012

Monthly Estimate*

^$ 2,841

1945 Northwood Drive, Salisbury, MD 21801 - Image 1

1945 Northwood Drive, Salisbury, MD 21801 - Image 2

1945 Northwood Drive, Salisbury, MD 21801 - Image 3

1945 Northwood Drive, Salisbury, MD 21801 - Image 4

1945 Northwood Drive, Salisbury, MD 21801 - Image 5

1945 Northwood Drive, Salisbury, MD 21801 - Image 6

1945 Northwood Drive, Salisbury, MD 21801 - Image 7

1945 Northwood Drive, Salisbury, MD 21801 - Image 8

1945 Northwood Drive, Salisbury, MD 21801 - Image 9

1945 Northwood Drive, Salisbury, MD 21801 - Image 10

Commercial Property for sale in Salisbury, MD

for $450,000. This 4,012 square foot building was built in 2002 on a lot size of 0.92.

5 year NN Lease commenced 8/1/2026 with a potential termination clause for Buyers, opening this offering to either an Investor, potential Day Care Operator, or the building with its Light Industrial zoning could be repurposed into a new use. Current Tenant has been in this location since 2018. Monthly rent is $3,500.00 NNN with the Tenant responsible for all CAM. NOI is $41,700 and at full price is a 9.27% cap rate. Landlord responsibilities include the roof, structure, and HVAC repairs over $1,500 per year. Floor plan and Lease are in the documents tab.

Commercial Active

Price

^$ 450,000

Property Type

Commercial

Taxes

^$ 3,374

Style

Day Care Facility

Lot Size

0.92

Year Built

2002

Town/City

Salisbury

County/Region

Wicomico

MLS | Web ID

MDWC2023806

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Central Air Y/N Y

Total Restrooms 7

General

Sewer Public Sewer

Heating Heat Pump(s)

Cooling Central A/C

Possession 0-30 Days CD

Roof Asphalt

Zoning LI

Construction Materials Combination

Year Built 2002

Property Subtype Special Purpose

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Business Type Day Care Facility

Accessibility 2+ Access Exits 36 + wide Halls

County WICOMICO

Net Operating Income 41700.00

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions From US Route 13 Business (Salisbury Boulevard) turn onto Northwood Drive and proceed approximately 1.0 mile. Property will be on the right.

City SALISBURY

MLS Area Wicomico Northeast (23-02)

Lot Size Units Square Feet

Lot Size Square Feet 40075.20

Tax Annual Amount 3374.0

Property Condition Good

Price Per Sq Ft Total AG 112.16

Acceptable Financing Conventional

Vacation Rental Y/N N

Standard Status Active

Year Built Source Estimated

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 4012.00

Lot Size Acres 0.92

Lot Size Source Estimated

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 1945

* Excluded Features

List By

Svn/Miller Commercial Real Estate

Broker

andy.ball@svn.com

Affordability Calculator

$3,123

Per Month

Monthly Principal & Interest: $2,841
Monthly Property Taxes: $281
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Salisbury, MD

Average List Price ^$1,376,354

Percent of Sale Price 206%

About Salisbury, MD

30,583 Population

17% Since 2002

^$39,846 Median Income

32.53 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/21/2026	$450,000		Listed Price

Map

More homes like this one

homes for you

See all

1945 Northwood Drive, Salisbury, MD, 21801 is a Commercial Property for sale at $450,000 with 4,012 sqft and a lot size of 0.92. 1945 Northwood Drive was built in 2002. The property's zip code is 21801 which is in Salisbury, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1945 Northwood Drive

Commercial Property for sale in Salisbury, MD

Affordability Calculator

Map

More homes like this one

Get more info about this home