Property profile

505 Railroad Ave Salisbury, MD 21804

OFF-MARKET
Warehouses
Property ID
US40-0962400
8,080 SF 0.48 ac lot Built 1969
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1969
Construction BRICK
Total area 8,080 SF
Lot 0.48 ac (20,873 SF)
APN 05-006287
UPID US40-0962400

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Community Center
  • Auto Repair Shop
  • Distribution Center Logistics Company

Location

505 Railroad Ave Salisbury, MD 21804-3718
Salisbury metro Census 100 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2023
Last sale
$18,600
4 recorded transactions
2023
$18,600
2019
$90,000
1969
Price N/A
1969
Price N/A

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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