Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    955 Mt Hermon Rd Salisbury, MD 21804-5105

    • Office buildings
    • 2,024 SF
    • 0.82 lot acres
    OFF-MARKET
    Value Estimation
    $2,285,000
    Last Sale
    Nov 13, 2024
    $2,270,875
    Location Intelligence
    Property ID
    US40-1342006
    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

    • Myers Kevin E CPA / Accountant
    • UHY LLP, Certified Public Accountants / Accountant / Tax Preparation
    • TGM Group / Accounting Firm
    • Hickman Ronald w CPA / Accountant
    • Geary III Herbert J CPA / Accountant

    Property Details for 955 Mt Hermon Rd

    Year built
    2009
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.82 lot acres
    Property size
    2,024 SF
    Zone code
    LBI
    Property type
    Office buildings
    APN
    05-092450
    APU
    5092450

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,200,000
      6.5%
      $2,110,000
      7%
      $2,155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,530,000
      Geo Method
      $2,065,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,490,000
      Retail
      $2,650,000
      Mixed-Use
      $2,400,000
      Hospitality
      $2,620,000
      Educational
      $2,200,000
      Residential Income
      $2,290,000
      Energy
      $2,105,000
      Income-Based Land
      $2,280,000
      Food Service
      $2,135,000

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5777
    Latitude
    38.3686
    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
    $8,607
    $0.00
    $0.00
    $862,900
    -
    $146,200
    $718,300
    $864,500

    Comparable in this City

    • Value Estimation by Request
      12,572 SF

      1801 Sweetbay Dr

      OFFICE BUILDING • 12,572 SF
      1801 Sweetbay Dr, Salisbury, MD 21804-1664
      View Details
    • Value Estimation by Request
      6,000 SF

      111 Milford St

      OFFICE BUILDING • 6,000 SF
      111 Milford St, Salisbury, MD 21804-7104
      View Details
    • Value Estimation by Request
      15,486 SF

      101 Long Ave

      OFFICE BUILDING • 15,486 SF
      101 Long Ave, Salisbury, MD 21804-5045
      View Details
    • Value Estimation by Request
      13,446 SF

      1101 Robert St

      OFFICE BUILDING • 13,446 SF
      1101 Robert St, Salisbury, MD 21804-4408
      View Details
    • Value Estimation by Request
      1,792 SF

      306 Tilghman Rd

      OFFICE BUILDING • 1,792 SF
      306 Tilghman Rd, Salisbury, MD 21804-1919
      View Details
    • Value Estimation by Request
      912 SF

      1625 Nock Way

      OFFICE BUILDING • 912 SF
      1625 Nock Way, Salisbury, MD 21804-3806
      View Details

    Similar Nearby for Sale

    • $1,290,000
      9,566 SF

      Medical/Professional Building on South Division

      9,566 SF building in Salisbury's premier medical park.
      1340 S Division St, Salisbury, MD 21804
      View Details
    • Contact for pricing
      15,015 SF

      High-Traffic Salisbury Office For Sale

      Office building with high visibility and easy access.
      1315 Mount Hermon Rd, Salisbury, MD 21804
      View Details
    • $4,400,000
      9.10 Acres

      Two-Story Building with Additional Land

      Two-story building with 21 units and additional land.
      224 Phillip Morris Dr, Salisbury, MD 21804
      View Details
    • $199,900

      Medical/Professional Office For Sale

      1,125 sqft medical/professional office in The Milford Professional Center.
      106 Milford St, Salisbury, MD 21804
      View Details
    • $1,100,000
      5,000 SF

      Established Medical Office Investment

      A-Class office space leased through October 2028.
      6508 Deer Pointe Dr, Salisbury, MD 21804
      View Details
    • $450,000
      3,744 SF

      Salisbury Multi-Unit Investment Property

      Multi-unit property in Salisbury with recent renovations and high visibility.
      820 E Main St, Salisbury, MD 21804
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      33,000 SF

      New Construction Office Space

      New construction office space with easy access and ample parking.
      Sweetbay Dr, Salisbury, MD 21804
      View Details
    • $5 SF/Yr
      42,425 SF

      Philmore Commons Executive Suites

      Prime Salisbury Office Space: Multiple Suites Available
      224 Phillip Morris Dr, Salisbury, MD 21804
      View Details
    • $25 SF/Yr
      1,800 SF

      Freestanding Retail/Office Building on Route 13

      Prime retail/office space with drive-through, high visibility, and ample parking.
      725 S Salisbury Blvd, Salisbury, MD 21804
      View Details
    • $25 SF/Yr
      68,540 SF

      Woodbrooke Professional/Medical Office Space

      Professional/medical office space for lease or sale in Salisbury, MD.
      Woodbrooke Dr, Salisbury, MD 21804
      View Details
    • $7 SF/Yr

      Twilley Centre Retail/Office Space

      Retail, office, and flex space available in Salisbury, Maryland.
      Civic Ave, Salisbury, MD 21804
      View Details
    • $13 SF/Yr
      200,376 SF

      Prime Commercial Property For Lease

      Versatile medical/professional space in a strategic, accessible location off Route 50.
      31519 Winterplace Pkwy, Salisbury, MD 21804
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    955 Mt Hermon Rd
    Salisbury, MD 21804-5105
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.