Highly Visible Office/Retail
144 Market St Pocomoke City, MD 21851
For Sale
Contact for pricing
For sale 4,000 SF commercial building with B-1 zoning and ample on-site parking.
Property Size4,000 SF
Price / SF$168.75
Days on Market535
Property Features for 144 Market St
General Information
Standard status
Active
Size
4,000 SF
Property subtype
OFFICE
Listing Agency:
SVN - Miller | Salisbury
(443) 944-4464
Listed By:
Meredith Mears · License ##672907
(443) 944-4464
Source:
Moodyscre
Added: Feb 10, 2025
Changed: Jul 27
Last Checked: Jul 29 at 3:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN - Miller | Salisbury
Investment Insights
Based on property information with market context.
This offering presents a highly visible commercial building with approximately 4,000 square feet of space. The property is suited to a range of uses under B-1 zoning, including professional office, studio, restaurant, and retail, among other possibilities.
The building includes plenty of parking for customers and employees. It is located within an Enterprise Zone.
A prospective tenant or buyer can evaluate the space configuration and zoning fit based on their specific operating needs, supported by the property’s flexible B-1 use parameters and on-site parking.
The building includes plenty of parking for customers and employees. It is located within an Enterprise Zone.
A prospective tenant or buyer can evaluate the space configuration and zoning fit based on their specific operating needs, supported by the property’s flexible B-1 use parameters and on-site parking.
Key Highlights
- 4,000 SF commercial building with high visibility
- B‑1 zoning allows versatile uses including professional office, studio, restaurant, and retail
- Ample on‑site parking for customers and employees
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.8k | $22.20 |
| − Vacancy | −$14.2k | −$3.55 |
| EGI | $74.6k | $18.65 |
| − OpEx | −$18.6k | −$4.66 |
| NOI | $55.9k | $13.99 |
4,000 SF · lease $22.20/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$799.2K
$699.3K – $932.4K
NOI $55,944 @ 7.0% cap · market cap 8.29%
Second Best
Retail
$590.5K
$516.7K – $688.9K
NOI $41,336 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$961.2K
$841.1K – $1.12M
NOI $67,286 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - For sale 4,000 SF commercial building with B-1 zoning and ample on-site parking.
Where is this office building located?
The property is located at 144 Market St Pocomoke City, MD.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 4,000 SF commercial building with high visibility; B‑1 zoning allows versatile uses including professional office, studio, restaurant, and retail; Ample on‑site parking for customers and employees
