Property profile

109 Philadelphia Ave Salisbury, MD 21801

OFF-MARKET
Commercial real estate
Property ID
US40-0463173
1,610 SF 0.13 ac lot Built 1924
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1924
Construction FRAME
Total area 1,610 SF
Lot 0.13 ac (5,560 SF)
Zoning code OSR
APN 05-000327
UPID US40-0463173

Cap rate & NOI

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

Location

109 Philadelphia Ave Salisbury, MD 21801-4148
Salisbury metro Census 200 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
$215k

Owner & transaction history

since 2011
4 recorded transactions
2011
$65,000
2011
$65,000
2003
Price N/A
1969
Price N/A

Zoning & alternative use

OSR · Salisbury, MD
Zoning description

The purpose of the office and service residential district is to recognize those areas of the city where there exists a mixture of office, service and residential use and to foster the continuance of these uses with spec…

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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