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Property profile & analytics
OFF-MARKET
Medical Office Space
30434 Mt Vernon Rd Princess Anne, MD 21853-1400
Individually Owned
3-yr Hold
Free & Clear
Property ID
US40-1371656
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1958
Total area
2,194 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C-2
APN
01-009613
UPID
US40-1371656
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Princess Anne Family Practice Pediatrician Physician
-
Dr. Charles B. Hofmann, MD Physician
-
Dr. Charles D. Stegman Jr, MD Pediatrician Physician
-
TISA MASSEY PARSONS Physician
-
TidalHealth FamilyLab Medical Laboratory Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Charles Brett Hofmann · 3 yrs held
Charles Brett Hofmann
since 2023
Last sale
$145,000
1 recorded transaction
Zoning & alternative use
C-2 · Princess Anne, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 C-2 General Commercial District. § 163-82 Special standards for the I-1 Industrial District. § 163-83 Special standards for the I-P Industri…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
124.95 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Princess Anne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Princess Anne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,246
Tax year 2023
Assessed value
$202,000
Assessed 2023
Previous assessed
$202,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$118,000
Assessed improvement
$84,000
Land market value
$118,000
Improvement market value
$84,000
Total market value
$202,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1958
Heating
HEAT PUMP
Stories
1
Units
1
Total area
2,194 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C-2
APN
01-009613
UPID
US40-1371656
Jurisdiction
SOMERSET
Zoning & alternative use
C-2 · Princess Anne, MDZoning C-2 · permitted uses
C-2 · Princess Anne, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 C-2 General Commercial District. § 163-82 Special standards for the I-1 Industrial District. § 163-83 Special standards for the I-P Industrial Park District. § 163-84 Height, area and bulk requirements. § 163-85 Table of He
Zone name
General Commercial
General category
COMMERCIAL
Zone area
124.95 ac
Building & site characteristics
From public records
Year built
1958
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Charles Brett Hofmann
Individual
Free & Clear · 3 yrs held
Mailing address
30434 MT VERNON RD, PRINCESS ANNE, MD 21853-1400
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2023
$145,000
Charles Brett Hofmann
Charles D Stegman JR
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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