Property profile

505 Maryland Ave Delmar, MD 21875

OFF-MARKET
Commercial land
Property ID
US40-0674060
960 SF 0.4 ac lot Built 1972
Individually Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1972
Total area 960 SF
Lot 0.4 ac (17,373 SF)
Zoning code LI
APN 11-007856
UPID US40-0674060

Cap rate & NOI

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

Location

505 Maryland Ave Delmar, MD 21875-1522
Delmar metro Census 10703 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$130k

Owner & transaction history

since 2007
6 recorded transactions
2019
Price N/A
2019
Price N/A
2007
Price N/A
2006
$1.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LI · Delmar, MD
Zoning description

The purpose of this zoning district is to provide land that is suitable for light industrial development.

General category INDUSTRIAL

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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