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    Property profile & analytics

    31795 Mt Hermon Rd Salisbury, MD 21804-1447

    • Grocery and convenience stores
    • 2,208 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimation
    $635,000
    Last Sale
    Dec 12, 2024
    $620,000
    Location Intelligence
    Property ID
    US40-1432605
    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

    • B & J Market / Convenience Store

    Property Details for 31795 Mt Hermon Rd

    Year built
    1949
    Construction
    BRICK
    Lot size
    0.94 lot acres
    Property size
    2,208 SF
    Zone code
    AIRPT
    Property type
    Grocery and convenience stores
    APN
    08-011958
    APU
    8011958

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $690,000
      6.5%
      $700,000
      7%
      $660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $600,000
      Geo Method
      $700,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $765,000
      Retail
      $605,000
      Mixed-Use
      $710,000
      Hospitality
      $605,000
      Educational
      $690,000
      Residential Income
      $650,000
      Energy
      $735,000
      Income-Based Land
      $820,000
      Food Service
      $775,000

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5108
    Latitude
    38.3521
    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
    $1,633
    $0.00
    $0.00
    $163,733
    -
    $105,100
    $58,900
    $164,000

    Comparable in this City

    • Value Estimation by Request
      32,200 SF

      815 Snow Hl Rd

      GROCERY, SUPERMARKET • 32,200 SF
      815 Snow Hl Rd, Salisbury, MD 21804
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    • Value Estimation by Request
      5,100 SF

      111 Truitt St

      CONVENIENCE STORE • 5,100 SF
      111 Truitt St, Salisbury, MD 21804-7924
      View Details
    • Value Estimation by Request
      2,652 SF

      104 Gordy Rd

      CONVENIENCE STORE • 2,652 SF
      104 Gordy Rd, Salisbury, MD 21804-3344
      View Details
    • Value Estimation
      $355,000
      2,880 SF

      444 Snow Hl Rd

      CONVENIENCE STORE • 2,880 SF
      444 Snow Hl Rd, Salisbury, MD 21804-5624
      View Details
    • Value Estimation by Request
      4,120 SF

      901 Snow Hl Rd

      CONVENIENCE STORE • 4,120 SF
      901 Snow Hl Rd, Salisbury, MD 21804-1939
      View Details
    • Value Estimation by Request
      3,024 SF

      2601 Old Ocean City Rd

      CONVENIENCE STORE • 3,024 SF
      2601 Old Ocean City Rd, Salisbury, MD 21804-4628
      View Details

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    Salisbury, MD 21804-1447
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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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