Property profile

11605 Masters Ln Berlin, MD 21811

OFF-MARKET
Auto shops
Property ID
US40-1111214
6,000 SF 159.47 ac lot Built 1991
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1991
Construction BRICK
Total area 6,000 SF
Lot 159.47 ac (6,946,514 SF)
Zoning code R-1
APN 03-004899
UPID US40-1111214

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
  • Restaurant

Location

11605 Masters Ln Berlin, MD 21811-3217
Berlin metro Census 950700 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
$1.99M

Owner & transaction history

since 2023
Last sale
$1.8M
7 recorded transactions
2023
$3.0M
2021
Price N/A
2021
Price N/A
2021
$1.8M
2014
$289,900
2013
$278,000
2002
$223,000

Zoning & alternative use

R-1 · Berlin, MD
Zoning description

The purpose of this zoning district is to provide Single family dwellings

General category RESIDENTIAL

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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