Property profile

10231 Old Ocean City Blvd Ste 210 Berlin, MD 21811

OFF-MARKET
Office Spaces
Property ID
US40-1552005
2,564 SF Built 2007
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2007
Total area 2,564 SF
APN 03-169170
UPID US40-1552005

Cap rate & NOI

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

Location

10231 Old Ocean City Blvd Ste, Unit 210 Berlin, MD 21811-3568
Berlin metro Census 951000 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$772k
Blend (final) Blend
$420k

Owner & transaction history

since 2017
3 recorded transactions
2017
Price N/A
2010
Price N/A
2010
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $825,000 +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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