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Property profile & analytics
OFF-MARKET
Assisted living facilities
31093 Line Rd Delmar, MD 21875-2015
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US40-0069920
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2011
Construction
WOOD
Total area
3,000 SF
Lot
2.31 ac (100,624 SF)
Zoning code
AR
APN
05-043859
UPID
US40-0069920
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
Current use
Occupant on record · Public records
-
Delmar Manor assisted living Nursing Home Retirement Community
-
Delmar Villa Assisted Living Nursing Home Retirement Community
-
Delmar Assisted Living LLC Nursing Home Retirement Community
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
Delmar Assisted Living LLC · 15 yrs held
Delmar Assisted Living LLC
since 2010
7 recorded transactions
Zoning & alternative use
AR · Delmar, 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 Delmar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delmar 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
$3,623
Tax year 2023
Assessed value
$363,167
Assessed 2023
Previous assessed
$351,800
+3.2% YoY
Effective rate
1.00%
On assessed value
Land market value
$57,700
Improvement market value
$328,200
Total market value
$385,900
Applied tax rate
5.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
3,000 SF
Lot
2.31 ac (100,624 SF)
Zoning code
AR
APN
05-043859
UPID
US40-0069920
Jurisdiction
WICOMICO
Zoning & alternative use
AR · Delmar, MDZoning AR · permitted uses
AR · Delmar, 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
2011
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
Delmar Assisted Living LLC
Entity
Mailing address
PO BOX 2143, SALISBURY, MD 21802-2143
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2023
—
Delmar Assisted Living LLC
—
Deed
related
$1,040,000 · Provident State Bank INC
Sep 5, 2019
—
Rna42 LLC
—
Deed
related
$850,000 · Provident St Bk
May 24, 2018
—
Delmar Assisted Living LLC
—
Deed
related
$200,000 · Provident State Bank INC
Jun 30, 2016
—
Delmar Assisted Living LLC
—
Deed
related
$700,000 · Provident Savings Bank
Oct 12, 2010
$80,000
Delmar Assisted Living LLC
Rajun Cajun Of Delmarva LLC
Grant Deed
$610,480 · Northwest Savings Bank
Jul 30, 2008
—
Rajun Cajun Of Delmarva LLC
—
Trustees Deed
related
$300,000 · Farmers Bank Of Willards
Apr 21, 2006
$150,000
Rajun Cajun Of Delmarva LLC
Burnett,calvin W & Gretta G
Grant Deed
—
—
—
Delmar Assisted Living LLC
—
Deed Of Trust
related
$850,000 · Provident St Bk
—
—
Rna42 LLC
—
Deed Of Trust
related
$850,000 · Provident St Bk
—
—
Rajun Cajun Of Delmarva LLC
—
Deed Of Trust
related
$170,000 · Farmers Bank Of Willards
—
—
Rajun Cajun Of Delmarva LLC
—
Deed Of Trust
related
$105,329 · Farmers Bank Of Willards
—
—
Rejun Cajun Of Delmarva LLC
—
Deed Of Trust
related
$170,000 · Farmers Bank Of Willards
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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