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    413 Martin St Salisbury, MD 21804

    Sponsored
    For Sale
    $425,000

    6,000 sq ft Industrial Building, 0.22 Acres

    Property size:
    6,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This 6,000 square foot industrial building at 413 Martin Street, Salisbury, MD, presents a unique investment opportunity. The property features a 760 sq ft office and entrance area, and two service bays. Service Bay 1 (2,240 sq ft) includes two 14x24 paint booths (24 years old, not meeting current OSHA standards

    Property Features for 413 Martin St

    General Information

    Property type
    Industrial properties
    Square Feet
    6,000 SF
    Lot Size
    9,583 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    WICOMICO
    State
    Maryland
    Longitude
    -75.59061
    Latitude
    38.37327

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    FAQs

    What type of property is this?
    Industrial property - 6,000 sq ft Industrial Building, 0.22 Acres
    Where is this industrial property located?
    The property is located at 413 Martin St Salisbury, MD.
    What is the asking price?
    The asking price for this property is $425,000.
    Request Owner's contact information
    413 Martin St Salisbury, MD 21804
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    Salisbury, MD 21804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    413 Martin St Salisbury, MD 21804
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