Property profile

108 Spg Grv Rd Mardela Springs, MD 21837

OFF-MARKET
Auto shops
Property ID
US40-0837856
1,200 SF 2.01 ac lot Built 1960
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,200 SF
Lot 2.01 ac (87,556 SF)
Zoning code H
APN 01-002252
UPID US40-0837856

Cap rate & NOI

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

Location

108 Spg Grv Rd Mardela Springs, MD 21837-2479
Mardela Springs metro Census 10701 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2023
Last sale
$250,000
6 recorded transactions
2023
$250,000
2019
$145,000
2009
$300,000
2005
$155,000
2005
$155,000
2003
$125,000

Zoning & alternative use

H · Mardela Springs, 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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