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Mixed-Use Land for Sale in Salisbury, Maryland

Pemberton Dr, Salisbury, MD 21801

$1,900,000
16.6 acres
Active sale
ago
Est $12,951/mo

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

Street address
Pemberton Dr
School district
Wicomico County Public Schools
Elevation
25 feet
Coordinates
38.3565, -75.6316

Property details

Acreage
16.59 acres
MLS #
TREND MDWC2022644
Posted

Property taxes

Recent
$1,714

Parcels

  • 2309088830

Details and features

Structure

Condition
Under Construction
Materials
Mixed

Listing history

DateEventPriceChangeSource
Apr 27, 2026New listing$1,900,000TREND
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This 16.59-acre property is located at Pemberton Dr in Salisbury, MD 21801. The property is available for sale for $1,900,000 with a price per acre of $114,527.

Listed by SVN/Miller Commercial Real Estate, (410) 543-2440

Checked 2 hours agoUpdated

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