Property profile

104 Pitts St Berlin, MD 21811

OFF-MARKET
Turn key restaurants
Property ID
US40-2057833
1,800 SF 0.13 ac lot Built 1920
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Construction BRICK
Total area 1,800 SF
Lot 0.13 ac (5,857 SF)
Zoning code B-1
APN 03-029751
UPID US40-2057833

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
  • Bar & Pub
  • Insurance Agency

Location

104 Pitts St Berlin, MD 21811-1228
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
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Comparable Approach Comparable
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Blend (final) Blend
$300k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2017
Price N/A
2014
$250,000
2010
$366,617
2008
$380,000
2003
$190,000
2001
$195,000

Zoning & alternative use

B-1 · Berlin, MD
Zoning description

The purpose of this zoning district is to provide Hotel and motels, Bed and breakfast, restaurants, antique or gift shops, automobile service stations.

General category UNKNOWN

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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