Technical
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Property profile

10135 Pin Oak Dr Berlin, MD 21811

OFF-MARKET
Office buildings
Property ID
US40-2155595
6,000 SF 3.31 ac lot Built 1988
Entity Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, situated on a 3.31-acre lot in Berlin, MD, presents a unique investment opportunity. Its strategic location between Routes 50 and 113 offers unparalleled access to major thoroughfares on Maryland and Delaware's Eastern Shore. The property comprises two buildings totaling over 9,500 square feet of versatile space, ideal for a variety of businesses. The main building features over 6,000 square feet of turnkey office space, including 18 offices/rooms, two large conference areas, a full kitchen, two bathrooms, reception areas, and substantial conditioned and locked storage. High-quality finishes include ceramic tile, carpet, vinyl flooring, custom trim and doors, fire safety systems, and provisions for video monitoring. The space is fully wired for ample outlets, cable, and internet access. Custom countertops and work tables are included. The second building, encompassing 3,522 square feet, offers custom-built warehouse space divided into six separate rooms plus open space, along with an attached, climate-controlled training room. This building also features a 16-foot drive-in door leading to a fenced-in outdoor storage lot with a loading dock. Both buildings are served by a private well and septic system, and ample private parking is available. The property's zoning and features make it suitable for distribution, various trades, manufacturing, warehousing, and numerous other uses. This meticulously designed commercial complex is perfect for expanding businesses seeking a prime Eastern Shore location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Construction BRICK
Total area 6,000 SF
Lot 3.31 ac (144,184 SF)
Zoning code C1
APN 03-025292
UPID US40-2155595

Cap rate & NOI

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

Location

10135 Pin Oak Dr Berlin, MD 21811-3404
Berlin metro Census 950900 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$1.08M

Owner & transaction history

since 2006
3 recorded transactions
2006
$1.0M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Berlin, MD
Top alternative use upside
Retail stores $1.9M +30.4%

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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