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.
For sale
$359,900
27793 Ocean Gtwy, Salisbury, MD 21801
3beds
2,329sqft
Single Family Residence
Built in 1935
23 Acres Lot
$-- Zestimate®
$155/sqft
$-- HOA
What's special
Two existing residences
- 2 days |
- 309 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Bill Brown 302-381-4513,
Keller Williams Realty 3028467839,
Listing Team: Bright Home Group
Source: Bright MLS,MLS#: MDWC2023848
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,329
- Total interior livable area: 2,329 sqft
- Finished area above ground: 2,329
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 23 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2309012834
- Zoning: A
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse/National Folk
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Low Pressure Pipe (LPP)
- Water: Well
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Salisbury
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $264,100
- Annual tax amount: $2,230
- Date on market: 7/21/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $359,900$155/sqft |
Source:  Bright MLS #MDWC2023848 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,442 +15.9% | $241,900 +10.1% |
| 2024 | $2,106 +6.9% | $219,700 +11.2% |
| 2023 | $1,970 +0.2% | $197,500 |
| 2022 | $1,967 +0.3% | $197,500 +4.8% |
| 2021 | $1,962 +2.4% | $188,500 +2.4% |
| 2020 | $1,915 -0.2% | $184,000 |
| 2019 | $1,919 -0.2% | $184,000 +0.7% |
| 2018 | $1,923 -2.7% | $182,800 +0.3% |
| 2017 | $1,976 -19.5% | $182,200 |
| 2016 | $2,455 | $182,200 -7.7% |
| 2015 | $2,455 | $197,300 -6.9% |
| 2014 | $2,455 | $212,000 |
| 2013 | -- | $212,000 |
| 2012 | -- | $212,000 -24.6% |
| 2011 | -- | $281,110 |
| 2010 | -- | $281,110 |
| 2009 | -- | $281,110 -1.8% |
| 2008 | -- | $286,330 +14.6% |
| 2007 | -- | $249,920 +17.1% |
| 2006 | -- | $213,510 +20.6% |
| 2005 | -- | $177,100 +29.2% |
| 2002 | -- | $137,090 +4.1% |
| 2001 | -- | $131,750 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 21801
Nearby schools
GreatSchools rating
- 2/10Pemberton Elementary SchoolGrades: PK-5Distance: 3.7 mi
- 6/10Salisbury Middle SchoolGrades: 6-8Distance: 3.2 mi
- 4/10James M. Bennett High SchoolGrades: 9-12Distance: 5.6 mi
Schools provided by the listing agent
- Middle: Salisbury
- High: James M. Bennett
- District: Wicomico County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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