Technical
Financial
Distress signals
Property profile

201 4th St Pocomoke City, MD 21851

OFF-MARKET
Retail space
Property ID
US40-2275498
748 SF 0.11 ac lot Built 1940
Individually Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

Commercial property located at 201 4th Street in downtown Pocomoke City. The property underwent a complete renovation in 2017, with improvements covering all areas except the roof. It has been configured for use as a hair salon, with features consistent with a service-based interior such as higher-end finishes, updated building systems, and an efficient layout. The space is adaptable for other service and retail uses, including a salon or spa, boutique retail, office, or similar businesses. The property is offered with the option to include FF&E (furniture, fixtures, and equipment) or to be delivered vacant. Bike Score is 49 (somewhat bikeable) and Walk Score is 0 (somewhat walkable).

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction BRICK
Total area 748 SF
Lot 0.11 ac (4,881 SF)
Zoning code R-2
APN 01-021966
UPID US40-2275498

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
  • Hair Salon Nail Salon

Location

201 4th St Pocomoke City, MD 21851-1411
Pocomoke City metro Census 951500 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2016
4 recorded transactions
2016
$65,000
2005
$45,000
2005
$40,000
1969
Price N/A

Zoning & alternative use

R-2 · Pocomoke City, MD
Zoning description

l permitted uses. § 230-34 Conditional uses. § 230-35 Accessory uses. § 230-36 Height regulations. § 230-37 Area, yard and bulk regulations. § 230-38 Parking regulations and facilities; recreational vehicles. Article VI…

General category CIVIC_INSTITUTIONAL

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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