Rt. 50 – Ocean Gateway

Property feature image
Property gallery image
Property gallery image
Address: US-50 & Ocean Gateway, Salisbury, MD 21804, USA
Washington DC + Land/Development
Created date: January 9, 2025
Date last updated: May 26, 2026
Price: $205,000Investment Analyzer NEW!
  • *1.72 Acres / Cleared site / City services - utilities, street & curbing in place.
  • *32,451 Combined Traffic Count
  • *Located in Maryland Opportunity Zone which could provide tax benefits and incentives to investors.
  • *Zoning permits: apartments, professional, medical and business offices, banks, churches, schools, convenience store, retail, restaurant and many other uses.

Property Description

1.72 acres zoned PDD, which includes a wide variety of uses included in the Lt. Business & Institutional District, Neighborhood Business District & Select Commercial District. Tremendous US Rt. 50 visibility and access from two side roads - Philip Morris Drive & Beaglin Park Drive.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Land/Development
Price: $205,000
Lot Size: 1.72 Acres
Opportunity Zone: No
Property Website Click Here
Address: Rt. 50 - Ocean Gateway, Salisbury, MD 21804, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

30 American Ln

Lusby, Maryland
Washington DC + Land/Development
Price: $399,900

10216 & 10218 Foster Dr.

Manassas, Virginia
Washington DC + Land/Development

0 Williamson Rd NW

Roanoke, Virginia
Washington DC + Land/Development

Brokers

View All

Lenders

View All