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    Property profile & analytics

    8435 Stephen Decatur Hwy Berlin, MD 21811-2664

    • Turn key restaurants
    • 2,590 SF
    • 1.69 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 18, 2020
    $650,000
    Location Intelligence
    Property ID
    US40-1018248
    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

    • Turn key restaurants

    Property Details for 8435 Stephen Decatur Hwy

    Year built
    1970
    Construction
    BRICK
    Lot size
    1.69 lot acres
    Property size
    2,590 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    10-019788
    APU
    10019788

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Worcester
    State
    Maryland
    Longitude
    -75.151
    Latitude
    38.292
    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
    $5,892
    $0.00
    $0.00
    $615,667
    -
    $547,500
    $86,500
    $634,000

    Comparable in this City

    • Value Estimation by Request
      20,249 SF

      10218 Racetrack Rd

      RESTAURANT • 20,249 SF
      10218 Racetrack Rd, Berlin, MD 21811-3210
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    • Value Estimation by Request
      3,366 SF

      11002 Nicholas Ln

      RESTAURANT • 3,366 SF
      11002 Nicholas Ln, Berlin, MD 21811-3290
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    • Value Estimation
      $405,000
      6,268 SF

      12 Broad St

      RESTAURANT • 6,268 SF
      12 Broad St, Berlin, MD 21811-1014
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    • Value Estimation by Request
      1,508 SF

      114 Main St

      RESTAURANT • 1,508 SF
      114 Main St, Berlin, MD 21811-1002
      View Details
    • Value Estimation by Request
      2,672 SF

      8428 Stephen Decatur Hwy

      RESTAURANT • 2,672 SF
      8428 Stephen Decatur Hwy, Berlin, MD 21811-2664
      View Details
    • Value Estimation by Request
      4,176 SF

      7635 Stephen Decatur Hwy

      RESTAURANT • 4,176 SF
      7635 Stephen Decatur Hwy, Berlin, MD 21811
      View Details

    Similar Nearby for Sale

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      Downtown Berlin Retail Gem

      Historic Charm, High Visibility, Great Potential
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      Prime Retail Space on Corridor

      End-cap retail space on a busy Salisbury corridor.
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    Similar Nearby for Lease

    • $28 SF/Yr

      Prime Retail Space Available

      Retail spaces available in Ocean Landings II shopping center.
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      Retail Space in Ocean Pines

      High-traffic retail space with modern finishes and included utilities.
      11022 Nicholas Ln, Ocean Pines, MD 21811
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      2,000 SF

      Retail Space on Route 50

      Retail space available on Route 50 in Berlin, MD.
      11408 Ocean Gtwy, Berlin, MD 21811
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    • $26 SF/Yr

      Retail Space in Ocean Pines

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    • $28 SF/Yr
      123,534 SF

      11328 Samuel Bowen Blvd

      Neighborhood centers • 123,534 SF
      11328 Samuel Bowen Blvd, Berlin, MD 21811
      View Details
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    8435 Stephen Decatur Hwy
    Berlin, MD 21811-2664
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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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