104 Cedar LnFruitland, MD 21826

Property Details for 104 Cedar Ln

Year built

2012

Lot size

0.85 AC

Property size (Sq ft)

6,502 SF

Zone code

C4

Property type

Retail properties

Property subtype

Strip malls

APN

16-015431

APU

16015431

Description

This exceptional retail or restaurant space is ideally situated at 104 W Cedar Lane, Unit 400, in Fruitland, Maryland. Boasting a highly visible location just off Route 13 (Salisbury Boulevard - Ocean Highway) and W Cedar Lane, this property benefits from significant daily traffic and excellent exposure to potential customers. The space is currently configured for retail or restaurant use, making it an attractive opportunity for a variety of businesses. The annual lease rate is $21,000, plus NNN charges. Further details regarding the specific square footage and any included amenities are available upon request. This prime location offers unparalleled access to a thriving community and presents a unique chance to establish or expand a successful business. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property's strategic placement ensures high visibility and accessibility, making it an ideal location for a business seeking strong foot traffic and convenient access for customers. Don't miss out on this chance to secure a prominent retail space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,544,794

  6.5%

  $1,425,964

  7%

  $1,324,109

• Comparable approach

  Method

  Valuation

  Relative Method

  $957,150

  Geo Method

  $1,030,783

• Alternative Use

  Use

  Valuation

  Residential

  $1,202,854

  Hospitality

  $1,101,808

  Educational

  $916,691

  Medical

  $948,217

  Retail

  $1,425,964

Location Insight

City

Fruitland

County

Wicomico

State

Maryland

Latitude

38.3296

Longitude

-75.615

CBSA code

41540

CBSA name

SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].