Property profile

122 Main St Berlin, MD 21811

OFF-MARKET
Office buildings
Property ID
US40-0895912
12,995 SF 0.46 ac lot Built 1950
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Construction BRICK
Total area 12,995 SF
Lot 0.46 ac (19,879 SF)
Zoning code B-1
APN 03-026515
UPID US40-0895912

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

122 Main St Berlin, MD 21811
Berlin metro Census 951000 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
$1.39M
Blend (final) Blend
$440k

Owner & transaction history

since 2017
1 recorded transaction
2017
$304,175

Zoning & alternative use

B-1 · Berlin, MD
Zoning description

The purpose of this zoning district is to provide Hotel and motels, Bed and breakfast, restaurants, antique or gift shops, automobile service stations.

General category UNKNOWN

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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