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Financial
Distress signals
Property profile

257 Somerset Ave Crisfield, MD 21817

OFF-MARKET
Banks
Property ID
US40-0902707
2,438 SF 0.52 ac lot Built 1989
Last sale Dec 2022 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A commercial space configured for immediate occupancy, featuring an open floor concept with dedicated office space. The property includes signage, dedicated parking, and a fully functional drive-through. Its layout is flexible, with potential suitability for conversion to retail uses or food-related service operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$442k
Assessed land$101k
Assessed improvement$341k
Effective rate1.11%

Value estimate

· Oct 2026
$195k
$176k – $215k
AI approach$160k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The purpose of C-2 zone is to provide for general commercial activities that will accommodate a wide range of business pursuits, retail s...
General categoryCOMMERCIAL
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.1
Law Firm11.9
Realty agency11.8

Location

257 Somerset Ave Crisfield, MD 21817-1531
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3457 Lawsonia, Crisfield, MD 21817-2213 $28,600 May 2024 1,820 SF
916 Main, Crisfield, MD 21817-1016 $105,000 May 2023 1,584 SF
Broadway, Crisfield, MD 21817 $50,000 Jan 2021 664 SF
Broadway, Crisfield, MD 21817 $200,000 Nov 2019 1,352 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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