Property profile

12155 Elm St Princess Anne, MD 21853

OFF-MARKET
Office buildings
Property ID
US40-0243772
17,786 SF 8.95 ac lot Built 1984
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 17,786 SF
Lot 8.95 ac (389,775 SF)
Zoning code C-2
APN 01-003852
UPID US40-0243772

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
  • Corporate Office
  • Prison

Location

12155 Elm St Princess Anne, MD 21853-1348
Princess Anne metro Census 930101 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.26M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.12M
Blend (final) Blend
$2.40M

Owner & transaction history

since 2022
Last sale
$2.2M
7 recorded transactions
2022
$2.2M
2019
Price N/A
2016
$425,000
2010
$300,000
2002
$125,000
2002
$950,000
1969
Price N/A

Zoning & alternative use

C-2 · Princess Anne, MD
Zoning description

tandards for multifamily residential. § 163-79 Special standards for nonresidential buildings in the R-2 District. § 163-80 Special standards for the C-1 Community Commercial District. § 163-81 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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