PEMBERTON DR, Salisbury, MD 21801
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PEMBERTON DR, Salisbury, MD 21801
PEMBERTON DR, Salisbury, MD 21801
PEMBERTON DR, Salisbury, MD 21801
PEMBERTON DR, Salisbury, MD 21801
Listed by Kelly Jeter • SVN/Miller Commercial Real Estate
Bought with Christopher B. Messick • SVN/Miller Commercial Real Estate

$1,400,000

Est. payment /mo

$1,900,000

26.3%
Est.Price: ?

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PEMBERTON DR Salisbury, MD 21801

16.59 Acres Lot

SOLD DATE : 11/05/2026

Key Details

Sold Price $1,400,000

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MDWC2022644

Sold Date 11/05/26

Annual Tax Amount $1,714

Tax Year 2026

Lot Size 16.590 Acres

Acres 16.59

Property Sub-Type Land for Commercial Use

Source 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

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District Wicomico County Public Schools

Others

Tax ID 09-088830

Ownership Fee Simple

Special Listing Condition Standard

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Phil Di Ruggiero

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+1(202) 725-2250

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