9525 Ocean Hwy Delmar, MD 21875
- Commercial real estate
- 0.91 lot acres
Current Use by Public Records
- Delmar Gas / Gas Station
- Pizza Boys / Fast Food Restaurant / Pizza Restaurant
Property Details for 9525 Ocean Hwy
- Lot size
- 0.91 lot acres
- Zone code
- C
- Property type
- Commercial real estate
- APN
- 11-009689
- APU
- 11009689
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,045,000
- 6.5%
- $2,030,000
- 7%
- $2,045,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,025,000
- Geo Method
- $1,850,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,135,000
- Retail
- $2,110,000
- Mixed-Use
- $2,370,000
- Hospitality
- $2,295,000
- Educational
- $1,735,000
- Residential Income
- $2,115,000
- Energy
- $1,870,000
- Income-Based Land
- $2,235,000
- Food Service
- $2,325,000
Location Insight
- Map
- Local Demand
- City
- Delmar
- County
- Wicomico
- State
- Maryland
- Longitude
- -75.5578
- Latitude
- 38.454
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA