Property profile

2 Riverside Dr Pocomoke City, MD 21851

OFF-MARKET
Turn key restaurants
Property ID
US40-1734824
3,069 SF 0.07 ac lot Built 2012
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2012
Total area 3,069 SF
Lot 0.07 ac (3,000 SF)
Zoning code B-1
APN 01-031503
UPID US40-1734824

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
  • Restaurant

Location

2 Riverside Dr Pocomoke City, MD 21851-1174
Pocomoke City metro Census 951500 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

B-1 · Pocomoke City, MD
Zoning description

The uses enumerated in this article shall be permitted and the following regulations and the applicable regulations contained in other Articles shall apply in the B-1 Shopping District. § 230-62 Principal permitted uses.…

General category COMMERCIAL

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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