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    Property profile & analytics

    7066 Frst Grv Rd Parsonsburg, MD 21849-2096

    • Auto shops
    • 2,534 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $120,000
    Last Sale
    Aug 09, 2023
    $105,000
    Location Intelligence
    Property ID
    US40-0966980
    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

    • Sinclair Sales & Service LLC / Lawn Mower Repair Service

    Property Details for 7066 Frst Grv Rd

    Year built
    1940
    Construction
    BRICK
    Lot size
    0.89 lot acres
    Property size
    2,534 SF
    Property type
    Auto shops
    APN
    05-066638
    APU
    5066638

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $110,000
      6.5%
      $115,000
      7%
      $110,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $95,000
      Geo Method
      $125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $110,000
      Retail
      $115,000
      Mixed-Use
      $85,000
      Hospitality
      $110,000
      Educational
      $95,000
      Residential Income
      $120,000
      Energy
      $90,000
      Income-Based Land
      $120,000
      Food Service
      $120,000

    Location Insight

    • Map
    • Local Demand
    City
    Parsonsburg
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.4724
    Latitude
    38.3857
    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
    $991
    $0.00
    $0.00
    $99,300
    -
    $52,500
    $47,000
    $99,500

    Comparable in this City

    • Value Estimation by Request
      1,760 SF

      34204 Mt Hermon Rd

      AUTO REPAIR, GARAGE • 1,760 SF
      34204 Mt Hermon Rd, Parsonsburg, MD 21849-2071
      View Details
    • Value Estimation by Request
      3,636 SF

      32208 Old Ocean City Rd

      AUTO REPAIR, GARAGE • 3,636 SF
      32208 Old Ocean City Rd, Parsonsburg, MD 21849-2008
      View Details
    • Value Estimation by Request
      1,800 SF

      33865 Old Ocean City Rd

      AUTO REPAIR, GARAGE • 1,800 SF
      33865 Old Ocean City Rd, Parsonsburg, MD 21849-2647
      View Details
    • Value Estimation by Request
      5,100 SF

      6929 Heron Grv Ct

      RESTAURANT • 5,100 SF
      6929 Heron Grv Ct, Parsonsburg, MD 21849-2155
      View Details
    • Value Estimation by Request
      426 SF

      7181 Parsonsburg Rd

      CONVENIENCE STORE • 426 SF
      7181 Parsonsburg Rd, Parsonsburg, MD 21849-2572
      View Details
    • Value Estimation by Request
      1,896 SF

      32263 Old Ocean City Rd

      BAR, TAVERN • 1,896 SF
      32263 Old Ocean City Rd, Parsonsburg, MD 21849-2008
      View Details

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    7066 Frst Grv Rd
    Parsonsburg, MD 21849-2096
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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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