Property profile

225 Lk St Salisbury, MD 21801

OFF-MARKET
Commercial land
Property ID
US40-1552113
26,413 SF 0.61 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Total area 26,413 SF
Lot 0.61 ac (26,400 SF)
Zoning code GC
APN 09-063110
UPID US40-1552113

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

225 Lk St Salisbury, MD 21801-4015
Salisbury metro Census 300 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2024
Last sale
$200,000
2 recorded transactions
2024
$200,000
2021
Price N/A

Zoning & alternative use

GC · Salisbury, MD
Zoning description

The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…

General category INDUSTRIAL

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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