Listing Agency: SVN | Miller Commercial Real Estate Salisbury a***@svn.com Show Phone

Listed By: Andrew Ball · License #MD 36569

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 2:39PM

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Investment Insights

Based on property information with market context.

This offering consists of a residential land lot totaling 2.32 acres. The property is a corner parcel and is zoned multifamily.

Located at 11484 Somerset Ave in Princess Anne, Maryland, the lot’s corner configuration can support flexible site planning for multifamily development consistent with the zoning.

The land is being offered for sale.

Key Highlights

• 2.32‑acre corner lot
• Zoned multifamily for development

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office HVAC Service Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

185

Businesses Nearby

Explore this area Business Placement

Demographics for 21853, MD

10,179

Population

4,962

Households

2.1

Avg Household Size

33

Median Age

22%

College-Educated

91%

High-School Grad

114.8 sq mi

ZIP Area

89

Density / Sq Mi

$51,710

Median Household Income

$24,603

Median Earnings

$973

Median Rent

$167,000

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Two-plus acre corner lot zoned for multifamily development.

Where is this residential land & home lot located?

The property is located at 11484 Somerset Ave Princess Anne, MD.

What are key features of this property?

This property features: 2.32‑acre corner lot; Zoned multifamily for development