Seller's Agent in 2022
Chris Peek, CCIM
SVN |Miller Commercial Real Estate
(410) 603-9112
5 in this area
32 Total Sales
Estimated Value: $272,000 - $1,532,000
PROPERTY OVERVIEW Perfect Site for Townhomes and Apartments in the rapidly growing Salisbury area. Located adjacent to Addison Court the highest end Apartment Complex in the region PROPERTY HIGHLIGHTS Fantastic Location For Townhomes or Apartments! Approved For 157 Townhomes Can Potentially Have Up To 600 Apartments Perfect Zoning For Multifamily Uses R10A Complete Infrastructure Pricing Analysis Completed Substantial Engineering Work Already Completed See engineering cost synopsis in the attached PDF documentThere is an existing 44.38 acre section consisting of 3 parcels ( 25.18 ac + 4.13 ac +15.07 ac) from which a 30 to 33 acre section will be cut out (see Exhibit A site plan) to define the multifamily complex. This will exclude the church structure, adjacent parking lot and athletic fields. The Seller will work with the Buyer if some geometry or access adjustments to the current site plan as defined in the Exhibit A site diagram need to be made. The property currently has access off Dagsboro Road. The extension of North Point Drive will attach to the property to the south. Zoning is City Of Salisbury R-10 A: See attached Approval Letter and Zoning Text for Options. Highest and best use factors are projected to be apartments or town homes. The site is approved for 157 townhomes. Project Engineer projects this could be changed to 500 to 600 apartments if desired.
Last Agent to Sell the Property
(410) 543-2440 brent.miller@svn.com SVN |Miller Commercial Real Estate License #27688 Listed on: 06/24/2020
Last Buyer's Agent
(410) 543-2440 brent.miller@svn.com SVN |Miller Commercial Real Estate License #27688 Listed on: 06/24/2020
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $222,900 | None Listed On Document | ||
| $151,000 | None Listed On Document | ||
| $1,250,000 | None Listed On Document |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2022 03/09/22 | Sold | $1,250,000 | -3.8% | $1,184 / Sq Ft |
| 12/15/2021 12/15/21 | Price Changed | $1,300,000 | +18.2% | $1,231 / Sq Ft |
| 01/05/2021 01/05/21 | Pending | -- | -- | -- |
| 10/07/2020 10/07/20 | Price Changed | $1,100,000 | -26.7% | $1,042 / Sq Ft |
| 06/24/2020 06/24/20 | For Sale | $1,500,000 | -- | $1,420 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,175 | $1,216,333 | $0 | $0 |
| 2024 | $11,704 | $1,214,400 | $1,191,600 | $22,800 |
| 2023 | $12,062 | $1,214,000 | $0 | $0 |
| 2022 | $12,427 | $1,213,600 | $0 | $0 |
| 2021 | $747 | $67,200 | $45,600 | $21,600 |
| 2020 | $750 | $66,900 | $0 | $0 |
| 2019 | $697 | $66,600 | $0 | $0 |
| 2018 | $1,184 | $66,300 | $45,600 | $20,700 |
| 2017 | $610 | $55,233 | $0 | $0 |
| 2016 | -- | $44,167 | $0 | $0 |
| 2015 | $673 | $33,100 | $0 | $0 |
| 2014 | $673 | $33,100 | $0 | $0 |
Seller's Agent in 2022
Chris Peek, CCIM
SVN |Miller Commercial Real Estate
(410) 603-9112
5 in this area
32 Total Sales
Source: Bright MLS
MLS Number: MDWC108628
APN: 05-121027
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