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Property profile & analytics
FOR SALE
Industrial properties
2111 Northwood Dr, Salisbury, MD 21801
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-2231826
For Sale
1 / 25
$459,900
2111 Northwood Dr, Salisbury, MD 21801
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2015
Total area
649 SF
Lot
0.23 ac (10,000 SF)
Zoning code
LI
APN
09-041478
UPID
US40-2231826
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
Adilson Alves Rogerio · 3 yrs held
Adilson Alves Rogerio
since 2023
Last sale
$199,000
6 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
$349
Tax year 2023
Assessed value
$35,000
Assessed 2023
Previous assessed
$35,000
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$25,000
Assessed improvement
$10,000
Land market value
$25,000
Improvement market value
$10,000
Total market value
$35,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
2015
Heating
NONE
Stories
1
Total area
649 SF
Lot
0.23 ac (10,000 SF)
Zoning code
LI
APN
09-041478
UPID
US40-2231826
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
2015
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Adilson Alves Rogerio
Individual
Mailing address
5151 S UPPR FRY RD, EDEN, MD 21822-2222
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2023
$199,000
Adilson Alves Rogerio
Leovelito T Catalla
Special Warranty Deed
$159,200 · Leovelito T Catalla Revcaoble Trust
Dec 3, 2012
—
Catalla Norma G Trust
Catalla,leovelito T & Norma G
Quit Claim Deed
related
—
Dec 12, 2006
$130,000
Leovelito T Cattalla
Hutchins,robert W L
Grant Deed
—
Sep 22, 2005
$223,300
Robert W L Hutchins
Watson & Watson INC
Grant Deed
—
Feb 4, 2004
$37,500
Carpenters Square INC
Drue Rentals LLC
Grant Deed
$70,000 · Pas Mortgage INC
Jun 5, 2002
—
Drue Rentals LLC
Gillis,donald D & Diane R
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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