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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Specialty properties
110 Dove St Salisbury, MD 21804-4917
Individually Owned
Free & Clear
Property ID
US40-0954765
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1904
Construction
BRICK
Total area
17,388 SF
Lot
0.19 ac (8,136 SF)
Zoning code
CBD
APN
09-052186
UPID
US40-0954765
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$690k
Owner & transaction history
WICOMICO NO 91 A F LODGE
WICOMICO NO 91 A F LODGE
Zoning & alternative use
CBD · Salisbury, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the central business district is to maintain and strengthen the role of the downtown area as the community and regional center for a broad range of governmental, cultural, institutional, professional, business, service and retail activities, to enhance the vitality of the downtown by encouraging residential uses, to continue to carry out and i…
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
77.53 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$40 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,409
Tax year 2023
Assessed value
$510,100
Assessed 2023
Previous assessed
$510,100
+0.0% YoY
Effective rate
0.67%
On assessed value
Assessed land
$81,300
Assessed improvement
$428,800
Land market value
$81,300
Improvement market value
$428,800
Total market value
$510,100
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1904
Construction
BRICK
Heating
BASEBOARD
Cooling
AC.PACKAGE
Stories
3
Units
1
Total area
17,388 SF
Lot
0.19 ac (8,136 SF)
Zoning code
CBD
APN
09-052186
UPID
US40-0954765
Jurisdiction
WICOMICO
Zoning & alternative use
CBD · Salisbury, MDZoning CBD · permitted uses
CBD · Salisbury, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the central business district is to maintain and strengthen the role of the downtown area as the community and regional center for a broad range of governmental, cultural, institutional, professional, business, service and retail activities, to enhance the vitality of the downtown by encouraging residential uses, to continue to carry out and implement the recommendations contained in adopted plans and studies for development of the CBD
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
77.53 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1904
Construction
BRICK
Heating
BASEBOARD
Cooling
Yes
Stories
3
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
WICOMICO NO 91 A F LODGE
Individual
Free & Clear · 0 yrs held
Mailing address
110 N DIVISION ST, SALISBURY, MD 21801-4917
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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