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    Property profile & analytics

    41 Sassafras St Georgetown, MD 21930-2116

    • Commercial land
    • 3,668 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 02, 2023
    Location Intelligence
    Property ID
    US40-0035450
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for 41 Sassafras St

    Year built
    1900
    Lot size
    0.47 lot acres
    Property size
    3,668 SF
    Zone code
    MB
    Property type
    Commercial land
    APN
    01-010247
    APU
    1010247

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Cecil
    State
    Maryland
    Longitude
    -75.8869
    Latitude
    39.3635
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD 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
    $2,672
    $241,900
    $0.00
    $241,900
    -
    $241,900
    $0.00
    $241,900

    Comparable in this City

    • Value Estimation by Request
      2.06 Acres

      150 Skipjack Rd

      VACANT COMMERCIAL LAND • 2.06 Acres
      150 Skipjack Rd, Georgetown, MD 21930-2119
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      1.40 Acres

      Schoolhouse Ln

      VACANT COMMERCIAL LAND • 1.40 Acres
      Schoolhouse Ln, Georgetown, MD 21930
      View Details
    • Value Estimation by Request
      0.40 Acres

      7473 Augustine Herman Hwy

      VACANT COMMERCIAL LAND • 280 SF
      7473 Augustine Herman Hwy, Georgetown, MD 21930-2102
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    • Value Estimation by Request
      0.10 Acres

      7473 Augustine Herman Hwy

      VACANT COMMERCIAL LAND • 766 SF
      7473 Augustine Herman Hwy, Georgetown, MD 21930-2102
      View Details
    • Value Estimation by Request
      0.33 Acres

      47 George St

      VACANT COMMERCIAL LAND • 1,248 SF
      47 George St, Georgetown, MD 21930-2109
      View Details
    • Value Estimation by Request
      0.46 Acres

      Skipjack Rd

      VACANT COMMERCIAL LAND • 0.46 Acres
      Skipjack Rd, Georgetown, MD 21930
      View Details
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    41 Sassafras St
    Georgetown, MD 21930-2116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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