0 Jasmine DriveSalisbury, MD 21804Price: $5,000,000

Rare opportunity to acquire 40.73 acres of commercially zoned development land in the heart of Salisbury's highly desirable Route 13 North retail corridor. This is one of the larger remaining development opportunities along the corridor, offering the size, zoning, access and utility availability needed to accommodate a wide variety of potential commercial development concepts. The property offers direct access to Route 13 in addition to existing access from Jasmine Drive. The City of Salisbury is currently working toward the extension of Jasmine Drive, which is planned to create a full connection between E. North Pointe Drive and E. Naylor Mill Road, further improving connectivity throughout this area. The property is located directly adjacent to Addison Court Apartments and is surrounded by some of Salisbury's strongest retail, dining, entertainment and residential uses. Its location along the Route 13 North corridor puts the property in the center of one of the most active commercial areas on the Eastern Shore. The entire 40.73 acres has been annexed into the City of Salisbury and is zoned C-2 General Commercial, with public water and sewer available. The combination of acreage, commercial zoning, utilities and multiple points of access creates an opportunity for a buyer or developer to take on a significant project in one of Salisbury's primary growth corridors. An existing 16-foot right-of-way runs between the two larger parcels and provides access to the farm located west of the property.