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Property profile & analytics

9529 Stephen Decatur Hwy Berlin, MD 21811-2675

  • Warehouses
  • 14,100 SF
  • 1.85 lot acres
OFF-MARKET
Last Sale
Feb 16, 2022
$2,412,500
Value Estimations
$2,740,000
Show details
Cap Rate Potential
4.6%
Warehouses
Location Intelligence
Property ID
US40-1428970
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Sunspecs / Wholesaler

Property Details for 9529 Stephen Decatur Hwy

Year built
1986
Construction
BRICK
Lot size
1.85 lot acres
Property size
14,100 SF
Zone code
C-1
Property type
Warehouses
APN
10-292549
APU
10292549

Description

This exceptional 14,100-square-foot warehouse, situated in Worcester County, presents a unique investment opportunity. Built in 1986, the property boasts a single, sizable suite encompassing the entire building, offering flexibility for a variety of industrial uses. The warehouse features a 16-foot ceiling height, reaching 40 feet at its peak, and includes a convenient 15-foot overhead door for easy loading and unloading. A full bathroom is also conveniently located within the building. The property is well-maintained and includes a sprinkler system, ensuring safety and security. Beyond the building itself, approximately 6 to 7 acres of land provide substantial outdoor storage space, a significant advantage for businesses requiring ample yard space. This expansive lot offers significant potential for expansion or additional uses. The property's central location within Worcester County adds to its appeal, providing easy access to transportation routes and local amenities. The building is well-insulated and equipped with heating, making it suitable for year-round operation. This is a rare opportunity to acquire a substantial warehouse with significant land in a desirable location. The entire 14,100 square feet is currently vacant and available for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,775,000
    ML approach
    $2,895,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,140,000
    6.5%
    $1,975,000
    7%
    $1,830,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Berlin
County
Worcester
State
Maryland
Longitude
-75.1208
Latitude
38.3248
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,843
$599,500
$115,500
$715,000
-
$599,500
$115,500
$715,000
More about this property
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