Property profile

Pitts Rd Showell, MD 21862

OFF-MARKET
Industrial properties
Property ID
US40-1740209
34,342 SF 4.84 ac lot Built 1970
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1970
Construction BRICK
Total area 34,342 SF
Lot 4.84 ac (210,830 SF)
Zoning code I-2
APN 03-025152
UPID US40-1740209

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Pitts Rd Showell, MD 21862
Showell metro SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.14M
Comparable Approach Comparable
$5.49M
Blend (final) Blend
$4.97M

Owner & transaction history

since 2016
2 recorded transactions
2016
$900,000
2001
$30,000

Zoning & alternative use

I-2 · Showell, MD
Top alternative use upside
Warehouse, storage $8.0M +19.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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