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    7040 Morris Rd Pittsville, MD 21850

    For Sale
    $695,000

    Retail property for sale in Pittsville, Maryland, totaling 5,000 SF.

    Property size:
    5,000 SF
    Lot size:
    1.95 Acres

    Property Features for 7040 Morris Rd

    General Information

    Size
    5,000 SF
    Lot size
    1.95 Acres

    Source: Rinnier Development Company Agent Matthew Trader

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

    Overview

    Retail Property in Pittsville, MD

    This retail property, located at 7040 Morris Rd in Pittsville, Maryland, offers 5,000 square feet of space. The property is suitable for retail and other retail purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pittsville Carpet Warehouse Carpet Wholesaler Communications & Energy Services Electrician

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsville
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.4095142
    Latitude
    38.3841518

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    FAQs

    What type of property is this?
    Retail property - Retail property for sale in Pittsville, Maryland, totaling 5,000 SF.
    Where is this retail property located?
    The property is located at 7040 Morris Rd Pittsville, MD.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Retail property for sale.; - Located in Pittsville, Maryland.; - Totaling 5,000 SF.
    (443) 614-4297
    Request Owner's contact information
    7040 Morris Rd Pittsville, MD 21850
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    Pittsville, MD 21850
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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
    7040 Morris Rd Pittsville, MD 21850
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