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    12256 Somerset Ave Princess Anne, MD 21853

    For Sale
    $299,900

    Commercial site neighboring shopping center and other active businesses.

    Lot size:
    1.03 Acres

    Property Features for 12256 Somerset Ave

    General Information

    Lot size
    1.03 Acres

    Building Details

    Year built
    1952

    Source: ERA Martin Associates Agent Roger Sansom

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near University Village

    This commercial site, spanning over 1 acre, is situated near the Princess Anne University Village shopping center. The location is adjacent to Caesar's Pizza Palace and Lower Shore Immediate Care, in addition to other office and business uses. Allowed commercial uses and potential for further expansion or additional acreage are available; contact the listing agent for details. An active automotive service facility is currently operating on the premises; please contact the listing agent with any questions and avoid disturbing current employees.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pete's Body Shop Auto Body Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Dental Office Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Princess Anne
    County
    Somerset
    State
    Maryland
    Longitude
    -75.6968399
    Latitude
    38.2180431

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    FAQs

    What type of property is this?
    Commercial land - Commercial site neighboring shopping center and other active businesses.
    Where is this commercial land located?
    The property is located at 12256 Somerset Ave Princess Anne, MD.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - 1+ acre commercial site; - Convenient location; - Neighbors Princess Anne University Village shopping center
    (410) 251-8574
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    12256 Somerset Ave Princess Anne, MD 21853
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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
    12256 Somerset Ave Princess Anne, MD 21853
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