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Property profile & analytics
OFF-MARKET
Specialty properties
207 Executive Plz Salisbury, MD 21804-5232
Entity Owned
20-yr Hold
Free & Clear
Property ID
US40-0530350
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2007
Construction
WOOD
Total area
3,478 SF
Lot
0.5 ac (21,767 SF)
Zoning code
LBI
APN
05-103363
UPID
US40-0530350
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
-
Wicomico Veterinary Hospital Veterinary Clinic
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
Bluewater Financial Group LLC · 20 yrs held
Bluewater Financial Group LLC
since 2005
2 recorded transactions
Zoning & alternative use
LBI · Salisbury, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the light business and institutional district is to recognize that lands located along major limited access highways running through Salisbury are exposed to large volumes of traffic and high degrees of visibility and to provide for their development while protecting adjoining residential areas, these lands are generally located between the ma…
Zone name
Light Business And Institutional District
General category
CIVIC_INSTITUTIONAL
Zone area
281.01 ac
Source
Realmo
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
$4,325
Tax year 2023
Assessed value
$433,567
Assessed 2023
Previous assessed
$431,500
+0.5% YoY
Effective rate
1.00%
On assessed value
Land market value
$150,800
Improvement market value
$286,900
Total market value
$437,700
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Units
1
Total area
3,478 SF
Lot
0.5 ac (21,767 SF)
Zoning code
LBI
APN
05-103363
UPID
US40-0530350
Jurisdiction
WICOMICO
Zoning & alternative use
LBI · Salisbury, MDZoning LBI · permitted uses
LBI · Salisbury, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the light business and institutional district is to recognize that lands located along major limited access highways running through Salisbury are exposed to large volumes of traffic and high degrees of visibility and to provide for their development while protecting adjoining residential areas, these lands are generally located between the major highways and parallel streets which border adjoining residential areas
Zone name
Light Business And Institutional District
General category
CIVIC_INSTITUTIONAL
Zone area
281.01 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Bluewater Financial Group LLC
Entity
Free & Clear · 20 yrs held
Mailing address
207 EXECUTIVE PLZ, SALISBURY, MD 21804-5232
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2020
—
Bluewater Financial Group LLC
—
Deed
related
$687,016 · Pnc Bank NA
Sep 9, 2005
$120,000
Bluewater Financial Group LLC
Hammond Ruth E Trust
Grant Deed
related
—
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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