Property profile

1118 Main St Salisbury, MD 21804

OFF-MARKET
Office buildings
Property ID
US40-2327072
5,919 SF 0.8 ac lot Built 1900
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Construction BRICK
Total area 5,919 SF
Lot 0.8 ac (34,975 SF)
APN 05-045568
UPID US40-2327072

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
  • Medical Clinic

Location

1118 Main St Salisbury, MD 21804-4460
Salisbury metro Census 10101 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
$718k
Blend (final) Blend
$345k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2019
Price N/A
2018
$140,000
2014
$210,000
2006
Price N/A
2004
$230,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.1M +9.5%

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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