Property profile

Merser Rd Princess Anne, MD 21853

OFF-MARKET
Warehouses
Property ID
US40-0922407
2,400 SF 1.23 ac lot Built 2002
Individually Owned 25-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Total area 2,400 SF
Lot 1.23 ac (53,579 SF)
Zoning code C-2
APN 01-007823
UPID US40-0922407

Cap rate & NOI

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

Location

Merser Rd Princess Anne, MD 21853
Princess Anne metro Census 930102 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2001
5 recorded transactions
2001
$80,000
2001
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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