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Property profile & analytics
OFF-MARKET
Warehouses
1926 Northwood Dr Salisbury, MD 21801-7824
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-2155193
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
STEEL FRAME
Total area
3,210 SF
Lot
0.46 ac (20,000 SF)
Zoning code
LI
APN
09-050205
UPID
US40-2155193
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fred Puente · 5 yrs held
Fred Puente
since 2021
Last sale
$347,500
7 recorded transactions
Zoning & alternative use
LI · Salisbury, MD
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
—
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
$2,633
Tax year 2023
Assessed value
$264,000
Assessed 2023
Previous assessed
$264,000
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$50,000
Assessed improvement
$214,000
Land market value
$50,000
Improvement market value
$214,000
Total market value
$264,000
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Units
3
Total area
3,210 SF
Lot
0.46 ac (20,000 SF)
Zoning code
LI
APN
09-050205
UPID
US40-2155193
Jurisdiction
WICOMICO
Zoning & alternative use
LI · Salisbury, MD
Zoning LI · permitted uses
LI · Salisbury, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Units
3
Lot
0.46 ac
Current owner
From public records · entity-resolved
Fred Puente
Individual
Mailing address
6388 QUANTICO RD, QUANTICO, MD 21856-2082
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2021
$347,500
Fred Puente
Ch 1926 Northwood LLC
Deed
—
Dec 14, 2020
$325,000
Ch 1926 Northwood LLC
C Paul Hooker
Deed
$325,000 · Calvin B Taylor Banking Co Berlin M
Nov 12, 2010
$290,000
C Paul Hooker
Malone Investments LLC
Deed
$340,000 · Manufacturers & Traders Trust Co
Oct 5, 2004
$175,000
Northwood Drive LLC
Sorrells,joseph L
Grant Deed
$148,750 · Easton Bank & Trust Co
May 28, 1999
$13,800
Joseph L Sorrells
Larmar Corp
Grant Deed
related
$104,000 · Hebron Svgs Bk
—
—
Joseph L Sorrells
—
Deed Of Trust
related
$125,000 · Peninsula Bank
—
—
Northwood Drive LLC
—
Deed Of Trust
related
$60,000 · Easton Bank & Trust Co
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.
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