Property profile

10621 Ocean Gtwy Berlin, MD 21811

OFF-MARKET
Drive through restaurants
Property ID
US40-1742985
2,088 SF 12.36 ac lot Built 2016
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2016
Construction BRICK
Total area 2,088 SF
Lot 12.36 ac (538,402 SF)
Zoning code C-2
APN 03-014460
UPID US40-1742985

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
  • Car Dealership

Location

10621 Ocean Gtwy Berlin, MD 21811-3535
Berlin metro Census 950900 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2024
Last sale
$350,000
7 recorded transactions
2024
Price N/A
2017
Price N/A
2016
Price N/A
2000
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Berlin, MD

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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