Property profile

11129 Ocean Gtwy Berlin, MD 21811

OFF-MARKET
Auto shops
Property ID
US40-2021119
2,240 SF 0.43 ac lot Built 1960
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1960
Construction BRICK
Total area 2,240 SF
Lot 0.43 ac (18,541 SF)
Zoning code C2
APN 03-012166
UPID US40-2021119

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
  • Auto Repair Shop

Location

11129 Ocean Gtwy Berlin, MD 21811-2580
Berlin metro Census 950900 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2024
Last sale
$400,000
5 recorded transactions
2024
$625,000
2024
Price N/A
2020
$400,000
2012
$450,000
2005
$650,000

Zoning & alternative use

C2 · Berlin, 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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