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    Property profile & analytics

    36508 Old Ocean City Rd Willards, MD 21874-1123

    • Auto shops
    • 3,014 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-0999628
    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

    • Jim Lewis Cars / Used Car Dealer / Auto Repair Shop

    Property Details for 36508 Old Ocean City Rd

    Year built
    1950
    Construction
    BRICK
    Lot size
    1.00 lot acres
    Property size
    3,014 SF
    Zone code
    C
    Property type
    Auto shops
    APN
    14-004327
    APU
    14004327

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Willards
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.3454
    Latitude
    38.3903
    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
    $1,030
    $0.00
    $0.00
    $103,300
    -
    $45,000
    $61,900
    $106,900

    Comparable in this City

    • Value Estimation
      $420,000
      3,160 SF

      36349 Old Ocean City Rd

      AUTO REPAIR, GARAGE • 3,160 SF
      36349 Old Ocean City Rd, Willards, MD 21874-1121
      View Details
    • Value Estimation by Request
      2,776 SF

      36308 Old Ocean City Rd

      CONVENIENCE STORE • 2,776 SF
      36308 Old Ocean City Rd, Willards, MD 21874-1121
      View Details
    • Value Estimation by Request
      3,571 SF

      7486 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,571 SF
      7486 Main St, Willards, MD 21874-1101
      View Details
    • Value Estimation by Request
      3,151 SF

      36326 Old Ocean City Rd

      RESTAURANT • 3,151 SF
      36326 Old Ocean City Rd, Willards, MD 21874-1121
      View Details
    • Value Estimation by Request
      1,248 SF

      36442 Old Ocean City Rd, Unit A

      RETAIL STORES (PERSONAL SERVICES) • 1,248 SF
      36442 Old Ocean City Rd, Willards, MD 21874-1122
      View Details
    • Value Estimation by Request
      640 SF

      36296 Old Ocean City Rd

      RETAIL STORES (PERSONAL SERVICES) • 640 SF
      36296 Old Ocean City Rd, Willards, MD 21874-1120
      View Details

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    • $290,000
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      2,400 sqft home on almost 3 acres near Salisbury.
      35562 Tingle Rd, Willards, MD 21874
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    • $679,900
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      Willards, MD Farmland Opportunity

      34.28 acres of farmland near the ocean.
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    Willards, MD 21874-1123
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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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