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    Property profile & analytics

    Main St Extended Berlin, MD 21811

    • Industrial properties
    • 1.81 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 10, 2021
    Location Intelligence
    Property ID
    US40-1812421
    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

    • Industrial properties

    Property Details for Main St Extended

    Lot size
    1.81 lot acres
    Zone code
    M-1
    Property type
    Industrial properties
    APN
    03-018504
    APU
    3018504

    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
    -75.2162
    Latitude
    38.3475
    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
    $1,331
    $74,600
    $0.00
    $74,600
    -
    $74,600
    $0.00
    $74,600

    Comparable in this City

    • Value Estimation by Request
      0.58 Acres

      Harrison Ave

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      6.78 Acres

      Old Ocean City Blvd

      INDUSTRIAL (GENERAL) • 6.78 Acres
      Old Ocean City Blvd, Berlin, MD 21811
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    • Value Estimation by Request
      1.61 Acres

      Downs Rd

      INDUSTRIAL (GENERAL) • 1.61 Acres
      Downs Rd, Berlin, MD 21811
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    • Value Estimation
      $960,000
      228 SF

      Franklin Ave

      INDUSTRIAL (GENERAL) • 228 SF
      Franklin Ave, Berlin, MD 21811
      View Details
    • Value Estimation by Request
      0.06 Acres

      116 Broad St

      INDUSTRIAL (GENERAL) • 0.06 Acres
      116 Broad St, Berlin, MD 21811-1068
      View Details
    • Value Estimation by Request
      0.56 Acres

      Railroad St

      INDUSTRIAL (GENERAL) • 0.56 Acres
      Railroad St, Berlin, MD 21811
      View Details

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      Vacant wooded corner lot in amenity-filled Ocean Pines community.
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    Similar Nearby for Lease

    • $215 SF/Yr
      40,000 SF

      Berlin, MD Office Space for Lease

      Professional Office Suites Available, 707-6358 SF
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      Prime Retail Space Available

      Retail spaces available in Ocean Landings II shopping center.
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      View Details
    • $26 SF/Yr
      12,869 SF

      Retail Space in Penington Commons

      Former Rite Aid in heavily trafficked shopping center.
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    • Contact for pricing
      2,000 SF

      Retail Space on Route 50

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

      Retail Space in Ocean Pines

      Former Rite Aid in Penington Commons Shopping Center.
      11011 Manklin Creek Rd, Ocean Pines, MD 21811
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    • $18 SF/Yr
      3,120 SF

      Professional Office Space in Berlin

      Well-maintained office space available for sublease in Berlin, MD.
      9954 Main St, Berlin, MD 21811
      View Details
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    Main St Extended
    Berlin, MD 21811
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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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