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    12175 Somerset Ave Princess Anne, MD 21853-3003
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    Property profile & analytics

    12175 Somerset Ave, Princess Anne, MD 21853-3003

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    • Outlet malls
    • 10,640 SF
    • 1.53 lot acres
    Off-Market
    Property ID
    US40-0486001
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,100,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar General / Discount Store
    • Western Union / Bank / Credit Union

    Property Details for 12175 Somerset Ave

    Year built
    2018
    Lot size
    1.53 lot acres
    Zone code
    C-2
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    15-005564
    APU
    15005564

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 12, 2019 $1,913,860 Wolfpen Associates INC Ocd 1 LLC Grant Deed —
    Mar 27, 2018 $250,000 Ocd 1 LLC Mt Vernon Market INC Deed $1.5M · Provident State Bank INC
    Jan 7, 2015 $4,000 Mount Vernon Market INC Rvfm 2 LLC Grant Deed —
    May 2, 2013 $2,690 Rvfm 2 LLC Bat Holdings Five LLC Quit Claim Deed · related —
    Dec 28, 2012 $2,690 Bat Holdings Five LLC Federal Natl Mtg Assn Fnma Grant Deed —
    Mar 4, 2011 $137,142 Federal Natl Mtg Assn Fnma Cohn Edward S Trustees Deed —
    Jun 15, 2006 $150,000 Darnell J Wade Robert Kirk Corp Grant Deed $135k · Nationpoint
    Feb 17, 2006 $106,000 Robert Kirk Corp Burson John S Grant Deed —
    Dec 12, 2002 $99,500 Jamie Hatcher Kilgore,pearlie M Grant Deed $80k · Option One Mortgage Corp
    Jan 28, 2002 $64,900 Pearlie M Kilgore Marriner,ethel L Grant Deed —
    — — Darnell J Wade — Deed Of Trust · related $146k · Quicken Loans INC
    — — Pearlie M Kilgore — Deed Of Trust · related $52k · Chase Manhattan Mortgage Corp

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,098,000
      Market price range: $570k - $2.10M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,475,000
      Current use
      OFFICE BUILDING
      $1,790,000
      Change: +21% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,785,000
      Change: +21% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Princess Anne
    County
    Somerset
    State
    Maryland
    Longitude
    -75.6951
    Latitude
    38.2157
    CBSA code
    41540
    CBSA name
    SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,011
    $0.00
    $0.00
    $1,209,233
    -
    $228,700
    $1,418,600
    $1,647,300
    More about this property
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