Property profile

1947 Clarke Ave Pocomoke City, MD 21851

OFF-MARKET
Warehouses
Property ID
US40-1275217
2,310 SF 9.46 ac lot Built 2011
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2011
Total area 2,310 SF
Lot 9.46 ac (412,078 SF)
Zoning code M-1
APN 01-027247
UPID US40-1275217

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
  • Industrial Manufacturer Production Facility

Location

1947 Clarke Ave Pocomoke City, MD 21851-3408
Pocomoke City metro Census 951500 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$900k

Owner & transaction history

since 2007
4 recorded transactions
2007
Price N/A
2007
Price N/A
2004
$250,000
2001
$150,000

Zoning & alternative use

M-1 · Pocomoke City, MD
Zoning description

M-1 Light Industrial District gavel help_center New Laws Title Adopted Subject Affects Ord. No. 2026-O-6 pdf 2025-09-15 Zoning Amendment Ch 230 Ord. No. 2026-O-2 pdf 2025-09-15 Building Construction: Building Permits Ame…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $920,000 +71.0%
Retail stores $740,000 +37.9%
Office building $570,000 +5.7%

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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