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Property profile & analytics
OFF-MARKET
Estimated value
$19,865,000
Automotive properties
1915 Salisbury Blvd, Salisbury, MD 21801-3334
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1093044
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,075 SF
Lot
2.49 ac (108,334 SF)
APN
05-079128
UPID
US40-1093044
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pohanka CDJR of Salisbury Parts Center Auto Parts Store
-
Pohanka CDJR of Salisbury Service Center Auto Repair Shop
-
Pohanka Chrysler Dodge Jeep Ram of Salisbury Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.87M
Owner & transaction history
Zjonroadtwo LLC · 3 yrs held
Zjonroadtwo LLC
since 2022
Last sale
$21.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$683 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$38,255
Tax year 2023
Assessed value
$3,835,067
Assessed 2023
Previous assessed
$3,731,000
+2.8% YoY
Effective rate
1.00%
On assessed value
Land market value
$1,243,500
Improvement market value
$2,799,700
Total market value
$4,043,200
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
29,075 SF
Lot
2.49 ac (108,334 SF)
APN
05-079128
UPID
US40-1093044
Jurisdiction
WICOMICO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
2.49 ac
Current owner
From public records · entity-resolved
Zjonroadtwo LLC
Entity
Mailing address
25260 PLEASANT VLY RD, CHANTILLY, VA 20152-1308
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2022
$21,300,000
Zjonroadtwo LLC
Gramm Salisbury Properties LLC
Deed
—
Aug 2, 2018
$8,000,000
Gramm Salisbury Properties LLC
D B R LLC
Deed
—
May 24, 2004
—
Dbr LLC
—
Trustees Deed
related
$1,060,000 · Wilmington Trust Fsb
Dec 5, 2003
$1,800,000
D B R LLC
Harrison Properties INC
Grant Deed
$1,600,000 · Harrison Properties INC
—
—
Dbr LLC
—
Deed Of Trust
related
$650,000 · Wilmington Trust Fsb
—
—
Dbr LLC
—
Deed Of Trust
related
$1,000,000 · Wilmington Trust Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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