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    510 S Main St Hurlock, MD 21643

    For Sale
    $1,950,000

    Multifamily investment property with new roof and ample parking.

    Property size:
    15,252 SF

    Property Features for 510 S Main St

    General Information

    Size
    15,252 SF

    Building Details

    Year built
    2007

    Source: Chris Davis Agent Chris Davis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hurlock Multifamily Investment Opportunity

    This multifamily investment opportunity is located on Main Street in Hurlock, MD. Constructed in 1986, the property is situated on a 2-acre lot. A new roof was recently installed in 2025. The property features ample private parking. The gross income is $240,600 with a net operating income of $205,070. Operational costs are low. There is significant growth potential in expansion, management, and rent growth. The property size is 15,252 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grace Baptist Church Baptist Church Reeds for Christ Place Of Worship Grace Baptist Church ... Food Bank

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hurlock
    County
    Dorchester
    State
    Maryland
    Longitude
    -75.8666149
    Latitude
    38.6404341

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    FAQs

    What type of property is this?
    Apartment building - Multifamily investment property with new roof and ample parking.
    Where is this apartment building located?
    The property is located at 510 S Main St Hurlock, MD.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - High Net Operating Income (NOI) of $205,070; - Gross Income of $240,600; - New Roof Recently Installed (2025)
    (443) 523-4539
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    510 S Main St Hurlock, MD 21643
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    Hurlock, MD 21643
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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
    510 S Main St Hurlock, MD 21643
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