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    Property profile & analytics

    1205 Parsons Rd Salisbury, MD 21801-8462

    • Drive through restaurants
    • 3,838 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-0472835
    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

    • McDonald's / Sandwich Shop / Fast Food Restaurant
    • Richard J Taylor / American Restaurant

    Property Details for 1205 Parsons Rd

    Year built
    2002
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.44 lot acres
    Property size
    3,838 SF
    Zone code
    NB
    Property type
    Drive through restaurants
    APN
    09-012524
    APU
    9012524

    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
    -75.6181
    Latitude
    38.3684
    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
    $10,405
    $394,000
    $649,100
    $1,043,100
    -
    $394,000
    $649,100
    $1,043,100

    Comparable in this City

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    • Value Estimation by Request
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      932 Salisbury Blvd

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    • Value Estimation by Request
      3,000 SF

      2710 Salisbury Blvd

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    • Value Estimation by Request
      4,211 SF

      2736 Salisbury Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,211 SF
      2736 Salisbury Blvd, Salisbury, MD 21801-2143
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    • Value Estimation
      $360,000
      2,052 SF

      1202 Nanticoke Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,052 SF
      1202 Nanticoke Rd, Salisbury, MD 21801-8217
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    • Value Estimation
      $610,000
      2,710 SF

      945 Salisbury Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,710 SF
      945 Salisbury Blvd, Salisbury, MD 21801-6318
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Restaurant or retail property available for rent.
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      Retail/Office space on Route 13 near Salisbury University.
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      Retail/Office Space Near Downtown

      Inline retail/office space in Salisbury Shopping Center.
      200 Cypress St, Salisbury, MD 21801
      View Details

    Property Visit Statistics

    • Visits by month
      46.2k
    • Visitors by month
      23.7k
    • Avg Time on site
      12 min
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    1205 Parsons Rd
    Salisbury, MD 21801-8462
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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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