Property profile

445 Makemie Rd Pocomoke City, MD 21851

FOR SALE
Office buildings
Property ID
US40-0861891
1,280 SF 25 ac lot Built 1991
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a mixed-use commercial facility comprising approximately 2,400 square feet of warehouse and retail space, situated adjacent to Route 13 for roadway access and visibility. The configuration is suitable for office and/or retail operations as well as industrial and storage uses. The site includes approximately 25 acres of land and is located just outside downtown Pocomoke City, Maryland.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1991
Total area 1,280 SF
Lot 25 ac (1,089,000 SF)
Zoning code B-2
APN 01-036327
UPID US40-0861891

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

445 Makemie Rd Pocomoke City, MD 21851
Pocomoke City metro Census 951500 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-2 · Pocomoke City, MD
Zoning description

230-63 Conditional uses. § 230-64 Accessory uses. § 230-65 Use regulations; prohibited uses. § 230-66 Area, yard and bulk regulations. § 230-67 Height regulations. § 230-68 Downtown Central Business District. Article X B…

General category COMMERCIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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