Property profile

11917 Ocean Gtwy Ocean City, MD 21842

OFF-MARKET
Automotive properties
Property ID
US40-1319285
1,440 SF 0.52 ac lot Built 1966
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1966
Construction BRICK
Total area 1,440 SF
Lot 0.52 ac (22,635 SF)
Zoning code C2
APN 10-009448
UPID US40-1319285

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
  • Importer

Location

11917 Ocean Gtwy Ocean City, MD 21842-9638
Ocean City metro Census 950400 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2015
7 recorded transactions
2017
Price N/A
2015
$590,000
2013
$72,500
2011
$118,000
2007
$875,000
2004
$550,000
1969
Price N/A

Zoning & alternative use

C2 · Ocean City, 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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