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Property profile & analytics
OFF-MARKET
Land

0 Market St Pocomoke City, MD 21851

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a prime parcel of land in Pocomoke City, Maryland, zoned for a proposed 64-unit multifamily mid-rise development. The property, located on Market Street, zip code 21851, in Worcester County, offers immediate access to major roadways, including Routes 13 and 113, providing convenient access to the surrounding area. Preliminary plans are complete, showcasing a thoughtfully designed project with multiple floor plan options to cater to a diverse range of residents. The development is envisioned to incorporate modern amenities, creating comfortable and desirable living spaces. The strategic location and proximity to city amenities and infrastructure make this a compelling investment prospect in a rapidly growing market. The asking price for this land is $1,920,000. This represents a competitively priced opportunity to capitalize on the strong demand for multifamily housing in this area. The property's potential for significant returns makes it an ideal investment for those seeking a high-yield, low-risk venture. Detailed plans are available upon request. Don't miss this chance to acquire a prime development site in a thriving Maryland community.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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