Property summary
This exceptional 6.55-acre residential land parcel presents a unique investment opportunity in the thriving town of Princess Anne, Maryland. Located on Mt Vernon Rd, this property boasts convenient access to local restaurants and shopping amenities, making it an ideal location for residential development. The land is zoned R-1, permitting the construction of single-family and two-family dwellings, offering flexibility for various development plans. Situated within the town limits, this property benefits from the ongoing growth and expansion experienced in Princess Anne. The town's strategic location near the University of Maryland Eastern Shore (UMES) contributes to its vibrant community and consistent demand for housing. Furthermore, the recent and projected growth within the Princess Anne Industrial Park, with several new businesses establishing operations, signifies a positive economic outlook for the area, further enhancing the property's investment potential. The 6.55 +/- acres provide ample space for a substantial residential project, catering to the increasing need for housing in this dynamic Maryland town. The asking price for this remarkable property is $200,000. This represents a compelling opportunity to capitalize on the burgeoning residential market in Princess Anne, Somerset County, Maryland, zip code 21853.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.