Property profile

11816 Somerset Ave Princess Anne, MD 21853

OFF-MARKET
Office buildings
Property ID
US40-1542490
1,212 SF 0.12 ac lot Built 1780
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1780
Total area 1,212 SF
Lot 0.12 ac (5,390 SF)
Zoning code C-1
APN 01-008668
UPID US40-1542490

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
  • Accounting Firm Tax Preparation
  • Accounting Firm Tax Preparation

Location

11816 Somerset Ave Princess Anne, MD 21853-1237
Princess Anne metro Census 930101 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2024
Last sale
$140,000
2 recorded transactions
2024
$140,000
1969
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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