Property profile

315 Lemmon Hl Ln Salisbury, MD 21801

OFF-MARKET
Office buildings
Property ID
US40-0317426
3,418 SF 0.12 ac lot Built 1910
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1910
Construction BRICK
Total area 3,418 SF
Lot 0.12 ac (5,307 SF)
Zoning code OSR
APN 09-047581
UPID US40-0317426

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
  • Real Estate Agency
  • Real Estate Agency

Location

315 Lemmon Hl Ln Salisbury, MD 21801-4238
Salisbury metro Census 200 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2005
$95,000
2000
$60,000
1969
Price N/A

Zoning & alternative use

OSR · Salisbury, MD
Zoning description

The purpose of the office and service residential district is to recognize those areas of the city where there exists a mixture of office, service and residential use and to foster the continuance of these uses with spec…

General category COMMERCIAL

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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