Land•Multifamily•For Sale

University Orchard at Salisbury - Phase 2

S. Division ST Farmers Market Road, Salisbury, Maryland 21804

Sale Price $2,500,000
Zoning 21804
Land Area 25.96 Acres
Land Use Development - Student Housing / Multi-Family
Market Eastern Shore of Maryland
Sub-Market Salisbury
25.96 acres of development land located adjacent to the most desirable and nicest student housing complex for Salisbury University. This would serve as Phase II of that the development call "The Orchard". The Comprehensive Development plan reflects 549 total beds with 2, 3 and 4 bedroom units. This development plan is fully approved. According to the engineering firm, the only approval needed is to update the storm-water management plan to meet the new storm-water management regulations for the state of Maryland. Salisbury University employs 380 full time academic employees and has over 8,500 undergrads and over 1,900 post graduates. Located less than 1/2 mile from Salisbury University main campus in a area with restaurants and shopping.
  • Approved Student Housing Development Land
  • 549 beds (2, 3 & 4 bedroom units)

1 Attachments

Sale Brochure

6/4/2019 5:45:20 PM 9/5/2019 9:04:54 PM
Henry Hanna, CCIM, SIOR
Council Chair of Industrial Properties
SVN | Miller Commercial Real Estate

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