Property profile

3 Main St Berlin, MD 21811

OFF-MARKET
Retail space
Property ID
US40-0644948
2,548 SF 0.06 ac lot Built 1900
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction BRICK
Total area 2,548 SF
Lot 0.06 ac (2,400 SF)
Zoning code B-1
APN 03-029336
UPID US40-0644948

Cap rate & NOI

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

Location

3 Main St Berlin, MD 21811-1426
Berlin metro Census 951000 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.19M

Owner & transaction history

since 2023
Last sale
$1.2M
1 recorded transaction
2023
$1.2M

Zoning & alternative use

B-1 · Berlin, MD
Zoning description

The purpose of this zoning district is to provide Hotel and motels, Bed and breakfast, restaurants, antique or gift shops, automobile service stations.

General category UNKNOWN

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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