Property profile

105 College Ave Salisbury, MD 21804

OFF-MARKET
Turn key restaurants
Property ID
US40-2368988
5,030 SF 0.34 ac lot Built 1972
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Construction BRICK
Total area 5,030 SF
Lot 0.34 ac (14,962 SF)
Zoning code NB
APN 13-032734
UPID US40-2368988

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
  • Cafe & Coffee Shop
  • Restaurant

Location

105 College Ave Salisbury, MD 21804-6476
Salisbury metro Census 500 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
$524k
Blend (final) Blend
$680k

Owner & transaction history

since 2007
6 recorded transactions
2016
Price N/A
2016
Price N/A
2007
$650,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NB · Salisbury, MD
Zoning description

The purpose of the neighborhood business district is to provide areas along major roads or intersections in residential neighborhoods for clustering of limited business and service uses, the areas are exposed to large am…

General category COMMERCIAL

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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