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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Medical Office Space
813 Eastern Shr Dr Salisbury, MD 21804-5975
Entity Owned
Free & Clear
Property ID
US40-0995123
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Construction
BRICK
Total area
3,840 SF
Lot
0.17 ac (7,519 SF)
Zoning code
OSH1
APN
13-027161
UPID
US40-0995123
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Beltone Lednum Hearing Centers Audiologist Deaf Service
-
Elizabeth Pernal MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$379k
Blend (final)
Blend
$510k
Owner & transaction history
Hudson Health Services INC
Hudson Health Services INC
since 2025
Last sale
$535,000
4 recorded transactions
Zoning & alternative use
OSH1 · Salisbury, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$690,000
Current use
OFFICE BUILDING
$595,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $535k (Jul 2 2025)
Last sale anchor
$535k
Jul 2 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$133 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,291
Tax year 2023
Assessed value
$329,900
Assessed 2023
Previous assessed
$329,900
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$56,300
Assessed improvement
$273,600
Land market value
$56,300
Improvement market value
$273,600
Total market value
$329,900
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Total area
3,840 SF
Lot
0.17 ac (7,519 SF)
Zoning code
OSH1
APN
13-027161
UPID
US40-0995123
Jurisdiction
WICOMICO
Zoning & alternative use
OSH1 · Salisbury, MD
Zoning OSH1 · permitted uses
OSH1 · Salisbury, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$690,000
OFFICE BUILDING
Est. value
$595,000
MEDICAL BUILDING Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Hudson Health Services INC
Entity
Free & Clear · 0 yrs held
Mailing address
813 EASTERN SHR DR STE A, SALISBURY, MD 21804-5975
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2025
$535,000
Hudson Health Services INC
Percor LLC
Deed
—
Feb 16, 2006
—
Percor LLC
Badros,joseph Z
Grant Deed
related
—
Jun 25, 1997
—
Joseph Z Badros
Badros,joseph Z & Karen K
Quit Claim Deed
related
$65,000 · Bank Of Del Mar
—
—
Percor LLC
—
Deed Of Trust
related
$332,000 · Joseph Z Badros
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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