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    Property profile & analytics

    Mulligan Way Delmar, MD 21875

    • Commercial land
    • 9.37 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1768267
    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

    • Commercial land

    Property Details for Mulligan Way

    Lot size
    9.37 lot acres
    Zone code
    R2
    Property type
    Commercial land
    APN
    11-026370
    APU
    11026370

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Delmar
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5605
    Latitude
    38.4435
    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
    $280
    $28,100
    $0.00
    $28,100
    -
    $28,100
    $0.00
    $28,100

    Comparable in this City

    • Value Estimation by Request
      0.46 Acres

      Old Delmar Rd

      VACANT COMMERCIAL LAND • 0.46 Acres
      Old Delmar Rd, Delmar, MD 21875
      View Details
    • Value Estimation by Request
      1.02 Acres

      Ocean Hwy

      VACANT COMMERCIAL LAND • 1.02 Acres
      Ocean Hwy, Delmar, MD 21875
      View Details
    • Value Estimation by Request
      0.65 Acres

      8770 Stage Rd

      VACANT COMMERCIAL LAND • 0.65 Acres
      8770 Stage Rd, Delmar, MD 21875-2283
      View Details
    • Value Estimation by Request
      3.39 Acres

      Winner Blvd

      VACANT COMMERCIAL LAND • 3.39 Acres
      Winner Blvd, Delmar, MD 21875
      View Details
    • Value Estimation by Request
      1.19 Acres

      9419 Ocean Hwy

      VACANT COMMERCIAL LAND • 1,456 SF
      9419 Ocean Hwy, Delmar, MD 21875-2340
      View Details
    • Value Estimation by Request
      27.50 Acres

      Foskey Rd

      VACANT COMMERCIAL LAND • 27.50 Acres
      Foskey Rd, Delmar, MD 21875
      View Details

    Similar Nearby for Sale

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    • $950,000

      Prime Commercial Land on Route 13

      30 +/- acres with high visibility and development potential.
      Foskey Rd, Delmar, MD 21875
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    • $450,000
      1 SF

      Commercial Land on Route 13

      1.75-acre commercial land with high visibility and highway frontage.
      30342 North Foskey Ln, Delmar, MD 21875
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    Similar Nearby for Lease

    • $5,000 /Mo

      New Warehouse Space on Acreage

      4,000 sq ft warehouse on 2 acres for lease.
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    • $25,000

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    • $17 SF/Yr
      14,564 SF

      High-Traffic Delmar Retail Space

      Prime MD location, 14,564 SF available.
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    • $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
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    • $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
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    • $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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    Mulligan Way
    Delmar, MD 21875
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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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