Property profile

25228 Ocean Gtwy Mardela Springs, MD 21837

OFF-MARKET
Retail space
Property ID
US40-0746846
1,844 SF 0.86 ac lot Built 1960
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction WOOD
Total area 1,844 SF
Lot 0.86 ac (37,460 SF)
Zoning code ARR
APN 01-006355
UPID US40-0746846

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
  • Hardware & Home Improvement Kitchen & Bath Showroom

Location

25228 Ocean Gtwy Mardela Springs, MD 21837-2116
Mardela Springs metro Census 10701 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2019
5 recorded transactions
2020
Price N/A
2019
Price N/A
2005
$160,000
2004
$90,000
1969
Price N/A

Zoning & alternative use

ARR · Mardela Springs, MD

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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