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$ 1,900,000
Est. payment /mo
Active
PEMBERTON DR Salisbury, MD 21801
16.59 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
Lot Size 16.590 Acres
MLS Listing ID MDWC2022644
Short Sale No
Originating MLS BRIGHT
Property Description
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.
Location
State MD
County Wicomico
Area Wicomico Northwest (23-01)
Zoning R-8A
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Building
New Construction Y
Sewer Public Sewer
Water Public
Schools
School District Wicomico County Public Schools
Others
Tax Amount $1,714
Tax Year 2026
Tax ID 09-088830
Ownership Fee Simple
Special Sale Standard
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Listed by Kelly Jeter • SVN/Miller Commercial Real Estate
Anita Mohamed
Broker Associate | jhy1aaaaaaaaaaaaaaaa 244410410
+1(347) 903-3025 | stagesite-3.test@chime.me