Financial
Distress signals
Property profile

720 E College Ave Salisbury, MD 21804

FOR LEASE
Strip malls
Property ID
US40-0961402
16,500 SF 3.72 ac lot Built 1992
Last sale Aug 2017 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 1,600-square-foot retail/office suite located within a shopping center. The interior is currently configured for office use, with a reception area, a conference room, and storage space. The space was previously occupied by a surveying company and may be suitable for a range of retail or office uses, subject to shopping-center use compatibility. The suite is arranged as a single unit within the center.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$1.50M
Assessed land$558k
Assessed improvement$946k
Effective rate1.00%

Value estimate

· Sep 2026
$1.14M
$1.02M – $1.25M
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$5k
Operating expenses−$11k
NOI · 2,299.27% cap applied$25k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,299.27%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, ...
General categoryINDUSTRIAL
JurisdictionWICOMICO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.1
Convenience Store9.8
Furniture Store9.5

Location

720 E College Ave Salisbury, MD 21804
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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