Property profile

1415 Wesley Dr Salisbury, MD 21801

OFF-MARKET
Medical Office Space
Property ID
US40-1021488
4,807 SF 0.47 ac lot Built 1971
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1971
Construction BRICK
Total area 4,807 SF
Lot 0.47 ac (20,592 SF)
Zoning code C
APN 13-011257
UPID US40-1021488

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
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic
  • Physician
  • Physician
  • Physician

Location

1415 Wesley Dr Salisbury, MD 21801-7130
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
$553k
Blend (final) Blend
$535k

Owner & transaction history

since 2007
5 recorded transactions
2017
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Salisbury, MD
Zoning description

The purpose of the conservation district is to retain certain open space for its natural beauty and recreation value and to preserve and protect areas of natural resources, including woodlands, wildlife, habitat, scenic…

General category OPEN_SPACE
Top alternative use upside
Commercial (general) $920,000 +6.0%

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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