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    11771 Somerset Ave Princess Anne, MD 21853

    For Lease
    $13 SF/Yr

    Spacious apartment for rent in convenient downtown location.

    Lot size:
    0.04 Acres

    Property Features for 11771 Somerset Ave

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1920

    Source: Keller Williams Realty Delmarva Agent Bret Davis

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

    Overview

    Apartment in Downtown Princess Anne

    This spacious apartment is available as is on a month-to-month lease. It is conveniently located in Downtown Princess Anne, just minutes from UMES.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Princess Anne
    County
    Somerset
    State
    Maryland
    Longitude
    -75.6931993
    Latitude
    38.2044397

    Nearby Similar for Lease

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    • $795 /Mo

      Downtown Princess Anne Commercial Space

      Commercial space in downtown Princess Anne, MD, ready for build-out.
      30509 Prince William St, Princess Anne, MD 21853
      View Details
    • $795 /Mo

      Downtown Princess Anne Commercial Space

      Commercial space in downtown Princess Anne, ready for build-out.
      30507 Prince William St, Princess Anne, MD 21853
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    FAQs

    What type of property is this?
    Apartment building - Spacious apartment for rent in convenient downtown location.
    Where is this apartment building located?
    The property is located at 11771 Somerset Ave Princess Anne, MD.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Conveniently located in Downtown Princess Anne.; - Minutes from UMES.; - Spacious apartment.
    (410) 677-0909
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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
    11771 Somerset Ave Princess Anne, MD 21853
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