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    Property profile & analytics

    406 Punkin Ct Salisbury, MD 21804-4203

    • Motels
    • 32,740 SF
    • 2.67 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-2411544
    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

    • Wingate by Wyndham Salisbury / Hotel / Extended Stay Hotel

    Property Details for 406 Punkin Ct

    Year built
    1998
    Construction
    BRICK
    Lot size
    2.67 lot acres
    Property size
    32,740 SF
    Zone code
    RC
    Property type
    Motels
    APN
    05-109000
    APU
    5109000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5394
    Latitude
    38.3668
    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
    $28,956
    $602,000
    $2,300,900
    $2,902,900
    -
    $602,000
    $2,300,900
    $2,902,900

    Comparable in this City

    • Value Estimation
      $650,000
      26,014 SF

      3050 Merritt Ml Rd

      MOTEL • 26,014 SF
      3050 Merritt Ml Rd, Salisbury, MD 21804-1406
      View Details
    • Value Estimation
      $835,000
      40,608 SF

      1804 Sweetbay Dr

      MOTEL • 40,608 SF
      1804 Sweetbay Dr, Salisbury, MD 21804-1452
      View Details
    • Value Estimation by Request
      4,181 SF

      121 Naylor Ml Rd

      MOTEL • 4,181 SF
      121 Naylor Ml Rd, Salisbury, MD 21804-2100
      View Details
    • Value Estimation by Request
      63,536 SF

      128 Troopers Way

      MOTEL • 63,536 SF
      128 Troopers Way, Salisbury, MD 21804-2299
      View Details
    • Value Estimation by Request

      100 Cedar Xing Rd

      Multifamily properties
      100 Cedar Xing Rd, Salisbury, MD 21804
      View Details
    • Value Estimation by Request
      0.92 Acres

      Beaglin Park Dr

      Land • 0.92 Acres
      0 Beaglin Park Dr, Salisbury, MD 21804
      View Details

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      Salisbury Hunting Retreat with Amenities

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      2.65 acre multifamily pad site with utilities available.
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    • Contact for pricing
      52,432 SF

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      Retail space available in Salisbury's growing development area.
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    Similar Nearby for Lease

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      Woodbrooke Professional/Medical Office Space

      Professional/medical office space for lease or sale in Salisbury, MD.
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      Philmore Commons Executive Suites

      Salisbury, MD Office Space Available
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    Property Visit Statistics

    • Visits by month
      1.6k
    • Visitors by month
      535
    • Avg Time on site
      447 min
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    406 Punkin Ct
    Salisbury, MD 21804-4203
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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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