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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Office Spaces
100 Main St 3 Salisbury, MD 21801-5073
Entity Owned
9-yr Hold
Free & Clear
Property ID
US40-1298328
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2015
Total area
5,400 SF
Lot
0.12 ac (5,400 SF)
Zoning code
CBD
APN
05-093287
UPID
US40-1298328
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
Current use
Occupant on record · Public records
-
William R. Hall, P.A. Law Firm
-
Centric Business Systems - powered by UBEO Printing Equipment Supplier Business To Business Service
-
Portner & Shure, P.A. Law Firm
-
Jordan A Gilmore Law Offices Law Firm
-
Schwartz & Schwartz Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$578k
Blend (final)
Blend
$520k
Owner & transaction history
One Plaza East LLC · 9 yrs held
One Plaza East LLC
since 2017
4 recorded transactions
Zoning & alternative use
CBD · Salisbury, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,981
Tax year 2023
Assessed value
$298,800
Assessed 2023
Previous assessed
$298,800
+0.0% YoY
Effective rate
1.00%
On assessed value
Land market value
$113,400
Improvement market value
$264,600
Total market value
$378,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2015
Heating
NONE
Units
1
Total area
5,400 SF
Lot
0.12 ac (5,400 SF)
Zoning code
CBD
APN
05-093287
UPID
US40-1298328
Jurisdiction
WICOMICO
Zoning & alternative use
CBD · Salisbury, MD
Zoning CBD · permitted uses
CBD · Salisbury, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
One Plaza East LLC
Entity
Free & Clear · 9 yrs held
Mailing address
318 W CARROLL STA, SALISBURY, MD 21801-5305
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2017
$250,000
One Plaza East LLC
Ktj Holding Co LLC
Deed
—
Mar 15, 2004
—
Ktj Holding Co LLC
Ward,john L
Grant Deed
$510,000 · Peninsula Bank
—
—
One Plaza East LLC
—
Deed Of Trust
related
$151,000 · Farmers Bk/willards
—
—
One Plaza East LLC
—
Loan Modification
related
$2,675,541 · Shore United Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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