Financial
Distress signals
Property profile

1301 State St Delmar, MD 21875

OFF-MARKET
Retail space
Property ID
US40-1257677
14,564 SF 1.74 ac lot Built 2006
Last sale Nov 2025 · $2,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A mixed-use commercial property totaling 14,564 square feet of combined retail and medical-office space is situated on a 1.74-acre parcel in Delmar, Maryland, at the intersection of East State Street and Sussex Highway near the Maryland–Delaware border. The site provides three access points, and the building is positioned at a signalized intersection to support vehicular ingress and egress. The surrounding area includes established retail and service businesses such as Food Lion, Wawa,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value$4.30M
Assessed land$1.00M
Assessed improvement$3.30M
Effective rate1.00%

Value estimate

· Sep 2026
$7.00M
$6.30M – $7.69M
AI approach$6.47M
CAP approach$4.72M
Submarket $/SF estimate$3.61M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$180/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$89 – $248

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
JurisdictionWICOMICO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.2
HVAC Service10.0
Kitchen & Bath9.3

Location

1301 State St Delmar, MD 21875-2330
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9521 Ocean, Delmar, MD 21875-2341 $1,900,000 Apr 2024 9,182 SF
400 Bi State, Delmar, MD 21875 $313,000 Dec 2023 3,996 SF
8660 Ocean, Delmar, MD 21875-2423 $632,301 Aug 2022 6,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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