Property profile

407 2nd St Pocomoke City, MD 21851

OFF-MARKET
Investment properties
Property ID
US40-1971162
2,912 SF 0.27 ac lot Built 1860
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1860
Construction FRAME
Total area 2,912 SF
Lot 0.27 ac (11,590 SF)
Zoning code R-2
APN 01-018280
UPID US40-1971162

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
  • Bed & Breakfast Restaurant

Location

407 2nd St Pocomoke City, MD 21851-1417
Pocomoke City metro Census 951500 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2024
Last sale
$230,000
2 recorded transactions
2024
Price N/A
2013
$230,000

Zoning & alternative use

R-2 · Pocomoke City, MD
Zoning description

l permitted uses. § 230-34 Conditional uses. § 230-35 Accessory uses. § 230-36 Height regulations. § 230-37 Area, yard and bulk regulations. § 230-38 Parking regulations and facilities; recreational vehicles. Article VI…

General category CIVIC_INSTITUTIONAL

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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