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sales rep | Brivity IDX

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27793 Ocean Gateway , Salisbury, MD 21801
$359,900
Est. Payment: $1,915.54/mo
3 Bed
2 Bath
2329 Sqft
23 Acres
Status: active | Days on site: 102
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KWDE - 3264899
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House Description

23± acres of exceptional opportunity on one of the Eastern Shore’s busiest commercial corridors. Located directly on Ocean Gateway (Route 50) and across from the recently opened Tidal Roots development, this unique property offers approximately 1,200 feet of road frontage, providing outstanding visibility and accessibility for a wide range of future uses. The property includes two existing residences, including one currently occupied by a tenant, offering potential holding income while future plans are developed. Whether your vision includes commercial development, mixed-use, hospitality, medical, retail, office space, multifamily housing, or a long-term investment, this property offers the size, frontage, and location to bring those ideas to life (subject to county approvals and zoning requirements). As Salisbury and the Route 50 corridor continue to experience growth, opportunities of this scale and visibility are becoming increasingly rare. If you’re looking for a property with exceptional exposure and virtually unlimited potential, this is one you won’t want to miss.

Highlights

Listed by William P Brown , 3023814513 Keller Williams Realty , 3028467839. Bright MLS

Property Type

Residential

Lot/Acreage
23

Year Built

1935

County

Wicomico

Area

Wicomico Northwest (23-01)

Neighborhood

None Available

School District

Wicomico County Public Schools

Listing ID

MDWC2023848

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:2329
Other:
  • ▪ Main Floor Bedrooms:3
Water:Well

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:0.00 x 0.00
Zoning:A
Sewer:Low Pressure Pipe (LPP)
Parking Features:Driveway
Principal Interest
$1,916
Taxes
$186

Home Price

$359,900

Loan Details

30 yrs
7%

Down Payment

20%
$71,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,915.54

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,915.54 $185.83 $0.00 $2,101.37
Yearly $22,986.47 $2,230.00 $0.00 $25,216.47
Total $689,594.02 $66,900.00 $0.00 $756,494.02
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Salisbury, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS