Property profile

1500 Salisbury Blvd Salisbury, MD 21801

OFF-MARKET
Motels
Property ID
US40-1974972
9,536 SF 0.96 ac lot Built 1945
Entity Owned 25-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1945
Construction BRICK
Total area 9,536 SF
Lot 0.96 ac (41,850 SF)
Zoning code GC
APN 09-039562
UPID US40-1974972

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
  • Hotel & Motel
  • Telecommunications Service Data Center

Location

1500 Salisbury Blvd Salisbury, MD 21801-3326
Salisbury metro Census 100 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
$890k
Comparable Approach Comparable
by Request
Blend (final) Blend
$705k

Owner & transaction history

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

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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