Property profile

1 Bi State Blvd Delmar, MD 21875

OFF-MARKET
Community centers
Property ID
US40-0784902
8,000 SF 0.7 ac lot Built 1991
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1991
Construction BRICK
Total area 8,000 SF
Lot 0.7 ac (30,323 SF)
Zoning code C
APN 11-012140
UPID US40-0784902

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Building Supply General Contractor
  • Gas Station
  • Atm

Location

1 Bi State Blvd Delmar, MD 21875-1650
Delmar metro Census 10703 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.65M

Owner & transaction history

since 2022
Last sale
$1.3M
2 recorded transactions
2022
$1.3M
2006
$925,000

Zoning & alternative use

C · Delmar, MD
Top alternative use upside
Commercial (general) $1.6M +68.6%
Medical building $1.4M +43.2%
Restaurant $1.3M +32.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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