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Description
Perfect Site for Townhomes and Apartments in the rapidly growing Salisbury area. Located adjacent to Addison Court the highest end Apartment Complex in the region.
Highlights
Fantastic Location For Townhomes or Apartments!
Approved For 157 Townhomes - Can Potentially Have Up To 600 Apartments
Perfect Zoning For Multifamily Uses - R10A
Complete Infrastructure Pricing Analysis Completed
Substantial Engineering Work Already Completed
Website Link To Apartment Occupancy & Pricing Data http://properties.svn.com/696794-sale
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 2,416 | 14,538 | 45,499 | |
| Population Median Age | 41 | 39 | 38 | |
| Population by Age | 0-9 Yrs | 215 (8%) | 1762 (12%) | 6185 (13%) |
| 10-19 Yrs | 236 (9%) | 1756 (12%) | 5964 (13%) | |
| 20-29 Yrs | 442 (18%) | 1976 (13%) | 6195 (13%) | |
| 30-39 Yrs | 267 (11%) | 1834 (12%) | 5689 (12%) | |
| 40-49 Yrs | 327 (13%) | 1893 (13%) | 5573 (12%) | |
| 50-59 Yrs | 428 (17%) | 2200 (15%) | 5956 (13%) | |
| 60-69 Yrs | 208 (8%) | 1421 (9%) | 5054 (11%) | |
| 70+ Yrs | 294 (12%) | 1696 (11%) | 4883 (10%) | |
| Median HH Income | $67,244 | $59,256 | $48,985 | |
| Total Household Income | < 24K | 115 (11%) | 1104 (19%) | 4174 (23%) |
| 25-49K | 219 (21%) | 1314 (23%) | 4863 (27%) | |
| 50-74K | 249 (24%) | 1074 (19%) | 3505 (19%) | |
| 75-99K | 157 (15%) | 823 (14%) | 2081 (11%) | |
| 100-199K | 234 (22%) | 1162 (20%) | 2803 (15%) | |
| 200K+ | 52 (5%) | 150 (2%) | 323 (1%) | |
| Highest Education Level | No Diploma | 335 | 1603 | 4969 |
| Diploma or GED | 560 | 3430 | 10586 | |
| Some College | 239 | 2006 | 6116 | |
| Assoc. Degree | 118 | 673 | 2282 | |
| Bachelors Degree | 308 | 1428 | 3860 | |
| Higher Degree | 198 | 939 | 2465 | |
| Total Housing Units | 1,154 | 6,200 | 19,926 | |
| --Owner-Occupied | 466 | 3,259 | 8,729 | |
| --Renter-Occupied | 559 | 2,368 | 9,020 | |
| Owner-Occupied Values | < 100K | 88 | 593 | 1841 |
| 100-199K | 187 | 1658 | 4463 | |
| 200-299K | 94 | 629 | 1692 | |
| 300-399K | 65 | 239 | 469 | |
| 400-499K | 30 | 70 | 113 | |
| 500K+ | 2 | 69 | 151 | |
| Total Working Age Population | 2,067 | 11,780 | 35,834 | |
| In Work Force | 1,431 | 7,568 | 22,879 | |
| Not In Work Force | 636 | 4,212 | 12,956 | |
| Workforce Employed | 1,316 | 6,897 | 20,795 | |
| Workforce Unemployed | 115 | 623 | 1,969 | |
| Civlian Workforce | 1,431 | 7,520 | 22,764 | |
| Military Workforce | 0 | 47 | 114 | |
| Total Households | 1,025 | 5,627 | 17,749 | |
| Family Households | 575 | 3,658 | 10,792 | |
| Non-Family Households | 450 | 1,968 | 6,958 | |
| Married Couple | 377 | 2,366 | 6,419 | |
| Other Family | 198 | 1,292 | 4,373 | |
| Married w/Child | 114 | 749 | 2,433 | |
| Single Male w/Child | 15 | 133 | 548 | |
| Single Female w/Child | 37 | 418 | 1,784 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Delaware | 783,600 | +15 | 897,934 | +10 | 989,803 | +6 | 1,044,965 |
| Sussex County | 156,638 | +26 | 197,145 | +19 | 235,396 | +8 | 255,143 |
| Maryland | 5,296,486 | +9 | 5,773,552 | +6 | 6,141,900 | +6 | 6,518,750 |
| Wicomico County | 84,644 | +17 | 98,733 | +8 | 106,200 | +11 | 118,200 |
| Worcester County | 46,543 | +11 | 51,454 | +3 | 53,100 | +9 | 57,950 |