Property profile

604 Railroad Ave Salisbury, MD 21804

OFF-MARKET
Warehouses
Property ID
US40-1429146
3,400 SF 0.25 ac lot Built 1963
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1963
Construction BRICK
Total area 3,400 SF
Lot 0.25 ac (10,780 SF)
Zoning code GC
APN 05-001854
UPID US40-1429146

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
  • Moving Company

Location

604 Railroad Ave Salisbury, MD 21804-3740
Salisbury metro Census 200 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
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2023
Last sale
$235,000
1 recorded transaction
2023
$235,000

Zoning & alternative use

GC · Salisbury, MD
Zoning description

The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…

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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