Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    505 Maryland Ave Delmar, MD 21875-1522

    • Commercial land
    • 960 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-0674060
    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

    • Commercial land

    Property Details for 505 Maryland Ave

    Year built
    1972
    Lot size
    0.40 lot acres
    Property size
    960 SF
    Zone code
    LI
    Property type
    Commercial land
    APN
    11-007856
    APU
    11007856

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Delmar
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.58
    Latitude
    38.451
    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
    $346
    $34,700
    $0.00
    $34,700
    -
    $34,700
    $0.00
    $34,700

    Comparable in this City

    • Value Estimation by Request
      1.76 Acres

      Bi-state Blvd

      VACANT COMMERCIAL LAND • 1.76 Acres
      Bi-state Blvd, Delmar, MD 21875
      View Details
    • Value Estimation by Request
      7.31 Acres

      Clubhouse Dr

      VACANT COMMERCIAL LAND • 7.31 Acres
      Clubhouse Dr, Delmar, MD 21875
      View Details
    • Value Estimation by Request
      9.37 Acres

      Mulligan Way

      VACANT COMMERCIAL LAND • 9.37 Acres
      Mulligan Way, Delmar, MD 21875
      View Details
    • Value Estimation by Request
      2.07 Acres

      8782 Ocean Hwy

      VACANT COMMERCIAL LAND • 2.07 Acres
      8782 Ocean Hwy, Delmar, MD 21875-2664
      View Details
    • Value Estimation by Request
      1.98 Acres

      Stage Rd

      VACANT COMMERCIAL LAND • 1.98 Acres
      Stage Rd, Delmar, MD 21875
      View Details
    • Value Estimation by Request
      1.10 Acres

      Winner Blvd

      VACANT COMMERCIAL LAND • 1.10 Acres
      Winner Blvd, Delmar, MD 21875
      View Details

    Similar Nearby for Sale

    • $325,000

      1.15 Acres on Ocean Highway

      Partially cleared land with access to Rt 13 N.
      9245 Ocean Hwy, Delmar, MD 21875
      View Details
    • $2,900,000

      Prime Corner Land Parcel

      11+/- acre corner lot on heavily traveled intersection.
      N Ocean Hwy, Delmar, MD 21875
      View Details
    • $595,000

      Delmar Multifamily Property on Route 13

      Six-unit apartment complex on 1.7 acres with highway frontage.
      9091 Ocean Hwy, Delmar, MD 21875
      View Details
    • $310,000

      Buildable Commercial Parcel on Route 13

      1.19-acre commercial parcel with high visibility on Route 13.
      9419 Ocean Hwy, Delmar, MD 21875
      View Details
    • $950,000

      Prime Commercial Land on Route 13

      30 +/- acres with high visibility and development potential.
      Foskey Rd, Delmar, MD 21875
      View Details
    • $450,000
      1 SF

      Commercial Land on Route 13

      1.75-acre commercial land with high visibility and highway frontage.
      30342 North Foskey Ln, Delmar, MD 21875
      View Details

    Similar Nearby for Lease

    • $25,000

      Delmar Commercial Highway Pad Site

      0.65 acre commercial land for rent on US Route 13.
      8600 Ocean Hwy, Delmar, MD 21875
      View Details
    • $5,000 /Mo

      New Warehouse Space on Acreage

      4,000 sq ft warehouse on 2 acres for lease.
      29729 Foskey Ln, Delmar, MD 21875
      View Details
    • $7 SF/Yr
      12,000 SF

      Warehouse with Route 13 Frontage

      Warehouse with office and mezzanine space available for lease.
      9172 Ocean Hwy, Delmar, MD 21875
      View Details
    • $17 SF/Yr
      14,564 SF

      High-Traffic Delmar Retail Space

      Prime MD location, 14,564 SF available.
      1301 State St, Delmar, MD 21875
      View Details
    • $16 SF/Yr
      172,498 SF

      DELMAR, MD Commercial Lease Opportunity

      Surgery center and medical office building for lease or sale.
      9315 Ocean Hwy, Delmar, MD 21875
      View Details
    • $7 SF/Yr
      12,000 SF

      Ocean Highway Warehouse Space

      12,000 SF Warehouse, Delmar, MD
      9156 Ocean Hwy, Delmar, MD 21875
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    505 Maryland Ave
    Delmar, MD 21875-1522
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.