Technical
Financial
Distress signals
Property profile

11049 Racetrack Rd A Berlin, MD 21811

OFF-MARKET
Office Spaces
Property ID
US40-1711668
0.23 ac lot Built 1987
Entity Owned Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1987
Lot 0.23 ac (10,187 SF)
APN 03-165361
UPID US40-1711668

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
  • Title Company
  • Real Estate Agency
  • Loan Service Bank
  • Real Estate Agency
  • Real Estate Agency

Location

11049 Racetrack Rd, Unit A Berlin, MD 21811-3000
Berlin metro Census 950900 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2025
$925,000
2020
$725,000
2008
Price N/A

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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