Technical
Financial
Distress signals
Property profile

116 Ward St Salisbury, MD 21804

OFF-MARKET
Drive through restaurants
Property ID
US40-0125235
2,625 SF 0.75 ac lot Built 1983
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1983
Construction BRICK
Total area 2,625 SF
Lot 0.75 ac (32,764 SF)
Zoning code GC
APN 05-022843
UPID US40-0125235

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
  • Restaurant Take-out & Catering
  • Corporate Office

Location

116 Ward St Salisbury, MD 21804-5031
Salisbury metro Census 100 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2018
1 recorded transaction
2018
$190,000

Zoning & alternative use

GC · Salisbury, MD
Zoning description

The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…

General category INDUSTRIAL

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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