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    FOR SALE
    Office buildings

    445 Makemie Rd, Pocomoke City, MD 21851

    1,280 SF 25 ac lot Built 1991
    Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US40-0861891
    Property summary
    AI-generated overview

    This exceptional commercial property at 445 Makemie Rd, Pocomoke City, MD 21851, offers a versatile 2,400 square foot space ideal for a variety of businesses. The building is a mixed-use flex/warehouse structure, providing ample room for both office/retail operations and industrial/storage needs. Its prime location adjacent to Route 13 ensures high visibility and easy access for customers and suppliers. The property boasts a strategic combination of indoor space and expansive outdoor area. The 2,400 square feet of building space is priced at $132.50 per square foot, totaling $318,000. A significant advantage is the inclusion of 25 acres of land, offering considerable potential for future expansion or development. This single-tenancy property presents a rare opportunity to acquire a well-situated commercial space with significant acreage in Worcester County, Maryland, just outside the downtown area of Pocomoke City. The property's blend of indoor and outdoor space, coupled with its high-traffic location, makes it an attractive investment for businesses seeking a prominent presence in this growing market. The property is zoned for industrial use and offers a unique opportunity for businesses needing both office and warehouse space.

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    James W Tapman II · 8 yrs held
    James W Tapman II
    since 2018
    4 recorded transactions
    2018
    1969
    1969
    1969
    Zoning & alternative use
    B-2 · Pocomoke City, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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