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    Property profile & analytics

    8660 Ocean Hwy Delmar, MD 21875-2423

    • Retail space
    • 6,300 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    $700,000
    Last Sale
    Aug 15, 2022
    $632,301
    Location Intelligence
    Property ID
    US40-0126319
    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

    • Carter Rental - The Cat Rental Store Delmar / Construction Machine Rental Service / Equipment Rental Agency

    Property Details for 8660 Ocean Hwy

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    1.17 lot acres
    Property size
    6,300 SF
    Zone code
    CB
    Property type
    Retail space
    APN
    11-019781
    APU
    11019781

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $625,000
      6.5%
      $580,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $670,000
      Geo Method
      $595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $480,000
      Retail
      $625,000
      Mixed-Use
      $480,000
      Hospitality
      $495,000
      Educational
      $640,000
      Residential Income
      $485,000
      Energy
      $565,000
      Income-Based Land
      $525,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    Delmar
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5652
    Latitude
    38.4302
    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
    $5,237
    $330,100
    $194,900
    $525,000
    -
    $330,100
    $194,900
    $525,000

    Comparable in this City

    • Value Estimation
      $6,405,000
      14,564 SF

      1301 State St

      RETAIL STORES (PERSONAL SERVICES) • 14,564 SF
      1301 State St, Delmar, MD 21875-2330
      View Details
    • Value Estimation
      $290,000
      6,530 SF

      8915 Bi State Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,530 SF
      8915 Bi State Blvd, Delmar, MD 21875-2424
      View Details
    • Value Estimation
      $395,000
      3,996 SF

      400 Bi State Blvd

      CONVENIENCE STORE • 3,996 SF
      400 Bi State Blvd, Delmar, MD 21875
      View Details
    • Value Estimation
      $1,920,000
      9,182 SF

      9521 Ocean Hwy

      CONVENIENCE STORE • 9,182 SF
      9521 Ocean Hwy, Delmar, MD 21875-2341
      View Details
    • Value Estimation
      $210,000
      2,754 SF

      9534 Ocean Hwy

      CONVENIENCE STORE • 2,754 SF
      9534 Ocean Hwy, Delmar, MD 21875-2331
      View Details
    • Value Estimation
      $1,070,000
      2,262 SF

      9550 Ocean Hwy

      FINANCIAL BUILDING • 2,262 SF
      9550 Ocean Hwy, Delmar, MD 21875-2331
      View Details

    Similar Nearby for Sale

    • $1,200,000
      3,996 SF

      Delmar Gas Station and More

      Gas station, C-Store, carwash, and laundromat for sale.
      400 Bi-State Blvd, Delmar, MD 21875
      View Details
    • $1,200,000
      3,996 SF

      Delmar Gas Station and More

      Gas station, C-Store, carwash, and laundromat for sale.
      400 Bi-State Blvd, Delmar, MD 21875
      View Details
    • $4,250,000
      14,564 SF

      Delmar, MD Medical Office Building

      14,564 SF Medical Office, Vacant, $4.25M
      1301 State St, Delmar, MD 21875
      View Details
    • $325,000

      1.15 Acres on Ocean Highway

      Partially cleared land with access to Rt 13 N.
      9245 Ocean Hwy, Delmar, MD 21875
      View Details
    • $290,000

      Executive Club Drive Property

      Property at 8980 Executive Club Dr, Delmar, MD 21875.
      8980 Executive Club Dr, Delmar, MD 21875
      View Details
    • $765,000

      Delmar Specialty Property For Sale

      Specialty property available for purchase in Delmar, Maryland.
      29463 Windy Hill Cir, Delmar, MD 21875
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      14,564 SF

      High-Traffic Delmar Retail Space

      Prime MD location, 14,564 SF available.
      1301 State St, Delmar, MD 21875
      View Details
    • $25,000

      Delmar Commercial Highway Pad Site

      0.65 acre commercial land for rent on US Route 13.
      8600 Ocean Hwy, Delmar, MD 21875
      View Details
    • $7 SF/Yr
      12,000 SF

      Warehouse with Route 13 Frontage

      Warehouse with office and mezzanine space available for lease.
      9172 Ocean Hwy, Delmar, MD 21875
      View Details
    • $5,000 /Mo

      New Warehouse Space on Acreage

      4,000 sq ft warehouse on 2 acres for lease.
      29729 Foskey Ln, Delmar, MD 21875
      View Details
    • $16 SF/Yr
      172,498 SF

      DELMAR, MD Commercial Lease Opportunity

      Surgery center and medical office building for lease or sale.
      9315 Ocean Hwy, Delmar, MD 21875
      View Details
    • $7 SF/Yr
      12,000 SF

      Ocean Highway Warehouse Space

      12,000 SF Warehouse, Delmar, MD
      9156 Ocean Hwy, Delmar, MD 21875
      View Details
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    8660 Ocean Hwy
    Delmar, MD 21875-2423
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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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