2701 SalisburySalisbury, MD 21801

  • Motels
  • 47,546 SF
Off market
$37,370,170 Estimated
+−
Leaflet | © OpenStreetMap contributors

Property Details for 2701 Salisbury

Year built
1986
Construction
BRICK
Lot size
3.73 AC
Property size (Sq ft)
47,546 SF
Zone code
GC
Property type
Motels
APN
05-095565
APU
5095565

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $6,841,710
    6.5%
    $6,315,420
    7%
    $5,864,320

  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,397,520
    Geo Method
    $2,542,450

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $16,778,800
    Retail / Commercial
    $8,614,960
    Mixed-Use / Specialty
    $8,592,810
    Office
    $8,550,680
    Institutional / Educational
    $8,936,120
    Residential Income
    $10,455,300
    Multifamily
    $12,492,000
    Automotive / Energy
    $7,659,530
    Parking / Income-Based Land
    $2,634,750
    Restaurant / Food Service
    $4,487,460
    Healthcare / Senior Housing
    $8,802,990

Location Insight

City
Salisbury
County
Wicomico
State
Maryland
Latitude
38.4151
Longitude
-75.5649
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
$35,438
-
-
$3,552,700
-
$1,577,100
$2,546,200
$4,123,300

Comparable in this City

Similar Nearby for Sale

Similar Nearby for Lease

FAQs

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Please email our support team at support@paperhouses.co and they will add the team member.
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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Useful Information

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Salisbury
Salisbury, MD 21801

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Salisbury, MD 21801

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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