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    Property profile & analytics

    31581 Line Rd Delmar, MD 21875-2021

    • Auto shops
    • 640 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 11, 2020
    Location Intelligence
    Property ID
    US40-2232396
    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 31581 Line Rd

    Year built
    1986
    Construction
    BRICK
    Lot size
    0.88 lot acres
    Property size
    640 SF
    Zone code
    TT
    Property type
    Auto shops
    APN
    05-042283
    APU
    5042283

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Delmar
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5161
    Latitude
    38.4541
    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
    $947
    $0.00
    $0.00
    $94,900
    -
    $56,800
    $42,900
    $99,700

    Comparable in this City

    • Value Estimation by Request
      8,970 SF

      9060 Ocean Hwy

      AUTO REPAIR, GARAGE • 8,970 SF
      9060 Ocean Hwy, Delmar, MD 21875-2334
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    • Value Estimation by Request
      7,120 SF

      30299 Foskey Ln

      AUTO REPAIR, GARAGE • 7,120 SF
      30299 Foskey Ln, Delmar, MD 21875-2421
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    • Value Estimation
      $450,000
      12,750 SF

      9154 Ocean Hwy

      AUTO REPAIR, GARAGE • 12,750 SF
      9154 Ocean Hwy, Delmar, MD 21875-2333
      View Details
    • Value Estimation
      $265,000
      2,000 SF

      8951 Bi State Blvd

      AUTO REPAIR, GARAGE • 2,000 SF
      8951 Bi State Blvd, Delmar, MD 21875-2362
      View Details
    • Value Estimation
      $395,000
      3,996 SF

      400 Bi State Blvd

      CONVENIENCE STORE • 3,996 SF
      400 Bi State Blvd, Delmar, MD 21875
      View Details
    • Value Estimation
      $1,920,000
      9,182 SF

      9521 Ocean Hwy

      CONVENIENCE STORE • 9,182 SF
      9521 Ocean Hwy, Delmar, MD 21875-2341
      View Details

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    Similar Nearby for Lease

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    31581 Line Rd
    Delmar, MD 21875-2021
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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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