Property profile

1301 Salisbury Blvd Salisbury, MD 21801

OFF-MARKET
Drive through restaurants
Property ID
US40-0275740
3,772 SF 0.84 ac lot Built 1981
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1981
Construction BRICK
Total area 3,772 SF
Lot 0.84 ac (36,722 SF)
Zoning code GC
APN 13-015287
UPID US40-0275740

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

Location

1301 Salisbury Blvd Salisbury, MD 21801-6840
Salisbury metro Census 10400 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
$547k
Blend (final) Blend
$990k

Owner & transaction history

since 2010
5 recorded transactions
2010
$1.0M
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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
Top alternative use upside
Commercial (general) $720,000 +48.6%
Medical building $680,000 +40.1%
Office building $555,000 +14.2%

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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