Property profile

109 State St Sharptown, MD 21861

OFF-MARKET
Retail space
Property ID
US40-0267795
9,100 SF 1.53 ac lot Built 2018
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2018
Total area 9,100 SF
Lot 1.53 ac (66,646 SF)
Zoning code TT
APN 10-011671
UPID US40-0267795

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
  • Bank Credit Union
  • Discount Store

Location

109 State St Sharptown, MD 21861-1092
Sharptown metro Census 10701 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.95M
Comparable Approach Comparable
$2.26M
Blend (final) Blend
$2.46M

Owner & transaction history

since 2018
4 recorded transactions
2018
$1.5M
2018
$200,000
2002
$147,500
2001
$100,000

Zoning & alternative use

TT · Sharptown, MD
Top alternative use upside
Auto repair, garage $2.6M +57.5%
Industrial (general) $1.8M +12.3%

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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