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Property profile & analytics
OFF-MARKET
Auto shops
2345 Tulls Cor Rd Pocomoke City, MD 21851
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US40-1970877
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2023
Construction
BRICK
Total area
2,400 SF
Lot
5.91 ac (257,440 SF)
Zoning code
I1
APN
01-013815
UPID
US40-1970877
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
Carlton W Mason · 18 yrs held
Carlton W Mason
since 2007
6 recorded transactions
Zoning & alternative use
I1 · Pocomoke City, 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 Pocomoke City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pocomoke City 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
$2,631
Tax year 2023
Assessed value
$290,533
Assessed 2024
Previous assessed
$274,967
+5.7% YoY
Effective rate
0.91%
On assessed value
Land market value
$65,800
Improvement market value
$240,300
Total market value
$306,100
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2023
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
2,400 SF
Lot
5.91 ac (257,440 SF)
Zoning code
I1
APN
01-013815
UPID
US40-1970877
Jurisdiction
WORCESTER
Zoning & alternative use
I1 · Pocomoke City, MDZoning I1 · permitted uses
I1 · Pocomoke City, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2023
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
2
Lot
5.91 ac
Current owner
From public records · entity-resolved
Carlton W Mason
Individual
Mailing address
2512 LAKELAND DR, POCOMOKE CITY, MD 21851-2746
Ownership since
2007
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
Oct 31, 2025
—
Carlton W Mason
—
Deed
related
$315,000 · Hebron Savings Bank
Jun 27, 2025
—
Carlton W Mason
—
Deed
related
$120,000 · Hebron Savings Bank
Sep 30, 2020
—
Carlton W Mason
—
Deed
related
$313,500 · Hebron Svgs Bk
Jun 21, 2016
—
Carlton W Mason
—
Deed
related
$150,000 · City National Bank
Oct 30, 2007
$120,000
Carlton W Mason
Mears,bobby T
Grant Deed
$200,000 · Pnc Bank
—
—
Carlton W Mason
—
Deed Of Trust
related
$313,500 · Hebron Svgs Bk
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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