Property profile

11731 Somerset Ave Princess Anne, MD 21853

OFF-MARKET
Retail space
Property ID
US40-1184468
1,620 SF 0.23 ac lot Built 1959
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Total area 1,620 SF
Lot 0.23 ac (10,236 SF)
Zoning code C-1
APN 15-002212
UPID US40-1184468

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Decor Store (Bike/Boat/Book/etc) Store

Location

11731 Somerset Ave Princess Anne, MD 21853-1238
Princess Anne metro Census 930101 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2014
2 recorded transactions
2014
$35,000
2012
Price N/A

Zoning & alternative use

C-1 · Princess Anne, MD
Zoning description

lot widths. § 163-77 Building setback requirements. § 163-78 Special standards for multifamily residential. § 163-79 Special standards for nonresidential buildings in the R-2 District. § 163-80 Special standards for the…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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