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    Property profile & analytics

    112 Olive St Salisbury, MD 21801-3648

    • Auto shops
    • 3,060 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 11, 2022
    Location Intelligence
    Property ID
    US40-0052724
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • P & C Auto Repair LLC / Auto Repair Shop

    Property Details for 112 Olive St

    Year built
    1961
    Construction
    BRICK
    Lot size
    0.42 lot acres
    Property size
    3,060 SF
    Zone code
    GC
    Property type
    Auto shops
    APN
    05-021766
    APU
    5021766

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5945
    Latitude
    38.3737
    CBSA code
    41540
    CBSA name
    SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $940
    $0.00
    $0.00
    $94,233
    -
    $78,200
    $79,100
    $157,300

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

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      Cross Way, Salisbury, MD 21801
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      4,180 SF

      1822 Salisbury Blvd

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      1822 Salisbury Blvd, Salisbury, MD 21801-3333
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      105 Alexander Ave

      AUTO REPAIR, GARAGE • 3,080 SF
      105 Alexander Ave, Salisbury, MD 21801-3303
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      $355,000
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      1210 Salisbury Blvd

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    • Value Estimation
      $250,000
      1,901 SF

      946 Salisbury Blvd

      AUTO REPAIR, GARAGE • 1,901 SF
      946 Salisbury Blvd, Salisbury, MD 21801-3658
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    • Value Estimation by Request
      1,265 SF

      924 Salisbury Blvd

      AUTO REPAIR, GARAGE • 1,265 SF
      924 Salisbury Blvd, Salisbury, MD 21801-3640
      View Details

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    112 Olive St
    Salisbury, MD 21801-3648
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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