Property profile

502 Market St Pocomoke City, MD 21851

OFF-MARKET
Office buildings
Property ID
US40-1014738
14,400 SF 0.58 ac lot Built 1954
Individually Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1954
Construction BRICK
Total area 14,400 SF
Lot 0.58 ac (25,280 SF)
Zoning code B-1
APN 01-022105
UPID US40-1014738

Cap rate & NOI

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

Location

502 Market St 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
$1.55M
Blend (final) Blend
$445k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2010
Price N/A

Zoning & alternative use

B-1 · Pocomoke City, MD
Zoning description

The uses enumerated in this article shall be permitted and the following regulations and the applicable regulations contained in other Articles shall apply in the B-1 Shopping District. § 230-62 Principal permitted uses.…

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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