Property profile

30424 Mt Vernon Rd Princess Anne, MD 21853

OFF-MARKET
Turn key restaurants
Property ID
US40-2321253
1,975 SF 0.27 ac lot Built 1950
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 1,975 SF
Lot 0.27 ac (11,717 SF)
Zoning code C-2
APN 01-009567
UPID US40-2321253

Cap rate & NOI

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

Location

30424 Mt Vernon Rd Princess Anne, MD 21853-1400
Princess Anne metro Census 930101 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2023
Last sale
$161,250
6 recorded transactions
2023
$161,250
2018
Price N/A
2013
$160,000
2011
$100,000
2005
$230,000
2002
$170,000

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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