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    25360 Ocean Gtwy Mardela Springs, MD 21837-2117

    • Auto shops
    • 2,283 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 27, 2020
    $135,000
    Location Intelligence
    Property ID
    US40-0972126
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 25360 Ocean Gtwy

    Year built
    1935
    Construction
    BRICK
    Lot size
    1.00 lot acres
    Property size
    2,283 SF
    Zone code
    ARR
    Property type
    Auto shops
    APN
    01-004727
    APU
    1004727

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mardela Springs
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.7327
    Latitude
    38.458
    CBSA code
    41540
    CBSA name
    SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,321
    $66,000
    $66,400
    $132,400
    -
    $66,000
    $66,400
    $132,400

    Comparable in this City

    • Value Estimation
      $285,000
      4,800 SF

      11700 Sharptown Rd

      AUTO REPAIR, GARAGE • 4,800 SF
      11700 Sharptown Rd, Mardela Springs, MD 21837-2236
      View Details
    • Value Estimation
      $275,000
      1,200 SF

      108 Spg Grv Rd

      AUTO REPAIR, GARAGE • 1,200 SF
      108 Spg Grv Rd, Mardela Springs, MD 21837-2479
      View Details
    • Value Estimation
      $3,275,000
      7,564 SF

      24360 Ocean Gtwy

      AUTO REPAIR, GARAGE • 7,564 SF
      24360 Ocean Gtwy, Mardela Springs, MD 21837-2107
      View Details
    • Value Estimation
      $415,000
      1,950 SF

      25600 Ocean Gtwy

      RETAIL STORES (PERSONAL SERVICES) • 1,950 SF
      25600 Ocean Gtwy, Mardela Springs, MD 21837-2120
      View Details
    • Value Estimation by Request
      1,400 SF

      25560 Ocean Gtwy

      RETAIL STORES (PERSONAL SERVICES) • 1,400 SF
      25560 Ocean Gtwy, Mardela Springs, MD 21837-2119
      View Details
    • Value Estimation
      $355,000
      6,500 SF

      24180 Main St Ext

      RETAIL STORES (PERSONAL SERVICES) • 6,500 SF
      24180 Main St Ext, Mardela Springs, MD 21837-2045
      View Details

    Similar Nearby for Sale

    • $875,000
      8,508 SF

      Retail Property Near Rest Stop

      Retail property with high visibility and highway access.
      24180 Main Street Ext, Mardela Springs, MD 21837
      View Details
    • $200,000

      Land For Sale

      Land available for sale.
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    • $112,000
      3.68 Acres

      Land in Mardela Springs, MD

      Undeveloped land available in Mardela Springs, Maryland.
      25591 Cooper Mill Rd, Mardela Springs, MD 21837
      View Details
    • $325,000

      Land For Sale

      Land available for sale.
      24420 Ocean Gtwy, Mardela Springs, MD 21837
      View Details
    • $115,000

      Land For Sale

      Land available for sale in Mardela Springs, Maryland.
      11331 School House Rd, Mardela Springs, MD 21837
      View Details
    • $649,900
      31.30 Acres

      31.3 Acres of Vacant Land

      31.3 acres of vacant land in Mardela Springs, Maryland.
      Old Bradley Rd, Mardela Springs, MD 21837
      View Details
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    Mardela Springs, MD 21837-2117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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