Property profile

307 Tilghman Rd Salisbury, MD 21804

OFF-MARKET
Drive through restaurants
Property ID
US40-0879014
2,730 SF 1.11 ac lot Built 2009
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2009
Construction WOOD
Total area 2,730 SF
Lot 1.11 ac (48,352 SF)
Zoning code C
APN 05-127599
UPID US40-0879014

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
  • Restaurant
  • Restaurant Take-out & Catering

Location

307 Tilghman Rd Salisbury, MD 21804-1920
Salisbury metro Census 10102 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
$586k
Blend (final) Blend
$875k

Owner & transaction history

since 2013
6 recorded transactions
2022
Price N/A
2019
Price N/A
2018
Price N/A
2013
$900,000
2008
$350,000
1969
Price N/A

Zoning & alternative use

C · Salisbury, MD
Zoning description

The purpose of the conservation district is to retain certain open space for its natural beauty and recreation value and to preserve and protect areas of natural resources, including woodlands, wildlife, habitat, scenic…

General category OPEN_SPACE
Top alternative use upside
Commercial (general) $615,000 +30.4%
Medical building $490,000 +4.0%

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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