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    Property profile & analytics

    5840 Crisfield Hwy Marion, MD 21838-2810

    • Grocery and convenience stores
    • 1,520 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-2333441
    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

    • Grocery and convenience stores

    Property Details for 5840 Crisfield Hwy

    Year built
    1986
    Lot size
    0.74 lot acres
    Property size
    1,520 SF
    Zone code
    R-1
    Property type
    Grocery and convenience stores
    APN
    03-051714
    APU
    3051714

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Somerset
    State
    Maryland
    Longitude
    -75.768
    Latitude
    38.0425
    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
    $1,036
    $48,800
    $44,400
    $93,200
    -
    $48,800
    $44,400
    $93,200

    Comparable in this City

    • Value Estimation by Request
      2,496 SF

      28379 Crisfield Marion Rd

      GROCERY, SUPERMARKET • 2,496 SF
      28379 Crisfield Marion Rd, Marion, MD 21838-2745
      View Details
    • Value Estimation by Request
      915 SF

      28369 Crisfield Marion Rd

      GROCERY, SUPERMARKET • 915 SF
      28369 Crisfield Marion Rd, Marion Station, MD 21838-2745
      View Details
    • Value Estimation by Request
      3,105 SF

      Burton Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,105 SF
      Burton Ave, Marion Station, MD 21838
      View Details
    • Value Estimation by Request
      896 SF

      28354 Crisfield Marion Rd

      RETAIL STORES (PERSONAL SERVICES) • 896 SF
      28354 Crisfield Marion Rd, Marion, MD 21838-2707
      View Details
    • Value Estimation by Request
      1,800 SF

      28388 Crisfield Marion Rd

      FINANCIAL BUILDING • 1,800 SF
      28388 Crisfield Marion Rd, Marion Station, MD 21838-2707
      View Details
    • Value Estimation
      $85,000
      1,760 SF

      5745 Tulls Cor Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,760 SF
      5745 Tulls Cor Rd, Marion, MD 21838-2507
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Residential Lot in Marion Station

      One-acre residential lot near Crisfield, Salisbury, and Ocean City.
      81 Davis Rd, Marion Station, MD 21838
      View Details
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      7.12 Acres

      Marion Station Land Parcel

      7.12 acre parcel ideal for hunting or camping.
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      Specialty Property For Sale

      Specialty property available for purchase.
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      Residential Land Used for Hunting

      Two residential lots currently used as hunting land.
      Ranford Williams Ln, Marion Station, MD 21838
      View Details
    • $799,000

      Specialty Property For Sale

      Specialty property available for purchase.
      3109 Fair Island Ln, Marion Station, MD 21838
      View Details
    • $74,999
      6.36 Acres

      Vacant Land Ready to Build

      6.4+/- acre lot with utilities in Marion Station, MD.
      30371 Marumsco Rd, Marion Station, MD 21838
      View Details
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    5840 Crisfield Hwy
    Marion, MD 21838-2810
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    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
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