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    Property profile & analytics

    9140 Ocean Hwy Delmar, MD 21875-2333

    • Office buildings
    • 3,818 SF
    • 3.44 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US40-0787296
    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

    • Allied Waste Services / Garbage Collection Service
    • Republic Services / Garbage Collection Service / Garbage Dump Service

    Property Details for 9140 Ocean Hwy

    Year built
    1989
    Construction
    BRICK
    Lot size
    3.44 lot acres
    Property size
    3,818 SF
    Property type
    Office buildings
    APN
    11-004725
    APU
    11004725

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $430,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $390,000
      Mixed-Use
      $485,000
      Hospitality
      $530,000
      Educational
      $515,000
      Residential Income
      $410,000
      Energy
      $445,000
      Income-Based Land
      $490,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Delmar
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5627
    Latitude
    38.4431
    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
    $5,169
    $228,800
    $289,400
    $518,200
    -
    $228,800
    $289,400
    $518,200

    Comparable in this City

    • Value Estimation by Request
      750 SF

      8903 Bi State Blvd

      OFFICE BUILDING • 750 SF
      8903 Bi State Blvd, Delmar, MD 21875-2362
      View Details
    • Value Estimation by Request
      1,008 SF

      30339 Foskey Ln

      OFFICE BUILDING • 1,008 SF
      30339 Foskey Ln, Delmar, MD 21875-2000
      View Details
    • Value Estimation by Request
      2,258 SF

      809 Maryland Ave

      OFFICE BUILDING • 2,258 SF
      809 Maryland Ave, Delmar, MD 21875-2569
      View Details
    • Value Estimation
      $340,000
      1,708 SF

      9561 Ocean Hwy

      OFFICE BUILDING • 1,708 SF
      9561 Ocean Hwy, Delmar, MD 21875-2341
      View Details
    • Value Estimation
      $260,000
      1,584 SF

      8877 Bi State Blvd

      OFFICE BUILDING • 1,584 SF
      8877 Bi State Blvd, Delmar, MD 21875-2351
      View Details
    • Value Estimation
      $335,000
      6,600 SF

      8662 Ocean Hwy

      OFFICE BUILDING • 6,600 SF
      8662 Ocean Hwy, Delmar, MD 21875-2423
      View Details

    Similar Nearby for Sale

    • $275,000
      1,616 SF

      Delmar Office Building on US Route 13

      Stand-alone office building with frontage on US Route 13.
      1310 Pine St, Delmar, MD 21875
      View Details
    • Contact for pricing
      3.96 Acres

      Ocean Highway Medical Office Building

      Prime Delmar, MD Medical/Office Space
      9315 Ocean Hwy, Delmar, MD 21875
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    • $4,250,000
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      Delmar, MD Medical Office Building

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    • $1,987,500
      13,000 SF

      Ocean Hwy Medical Office Complex

      Delmar, MD Medical Office Building - Vacant
      9315 Ocean Hwy, Delmar, MD 21875
      View Details
    • $274,900

      WEDGE Way Specialty Property

      Specialty property available for sale at $274,900.
      9549 Wedge Way, Delmar, MD 21875
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    • $299,000

      Delmar Specialty Property For Sale

      Specialty property available in Delmar, Maryland.
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    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
    • $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
    • $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
    • $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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    9140 Ocean Hwy
    Delmar, MD 21875-2333
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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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