Property profile

Park Dr Princess Anne, MD 21853

OFF-MARKET
Commercial land
Property ID
US40-1809924
1.34 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.34 ac (58,370 SF)
Zoning code I-1
APN 15-016507
UPID US40-1809924

Cap rate & NOI

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

Location

Park Dr Princess Anne, MD 21853
Princess Anne metro Census 930101 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2021
4 recorded transactions
2021
Price N/A
2020
$70,000
2009
$65,000
2002
Price N/A

Zoning & alternative use

I-1 · Princess Anne, MD
Zoning description

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…

General category INDUSTRIAL

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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