115 MarketSalisbury, MD 21801

  • Retail properties
  • 50,000 SF
Off market
$3,289,990 Estimated

Property Details for 115 Market

Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.42 AC
Property size (Sq ft)
50,000 SF
Zone code
CBD
Property type
Retail properties
Property subtype
Parking lots & garages
APN
05-024390
APU
5024390

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,626,904
    6.5%
    $11,655,604
    7%
    $10,823,061
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,473,584
    Geo Method
    $7,926,660
  • Alternative Use

    Use
    Valuation
    Residential
    $9,831,938
    Hospitality
    $9,006,002
    Educational
    $7,492,888
    Medical
    $7,750,580
    Retail
    $11,655,604
115 Market, Salisbury, Maryland

Location Insight

City
Salisbury
County
Wicomico
State
Maryland
Latitude
38.3649
Longitude
-75.5991
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $2,719,000
  • Tax year
    2023

FAQs

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