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    Property profile & analytics

    Richardson Ave Crisfield, MD 21817

    • Grocery and convenience stores
    • 2,380 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1677012
    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

    • Grocery and convenience stores

    Property Details for Richardson Ave

    Year built
    1963
    Lot size
    0.70 lot acres
    Property size
    2,380 SF
    Zone code
    C-2
    Property type
    Grocery and convenience stores
    APN
    07-112904
    APU
    7112904

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crisfield
    County
    Somerset
    State
    Maryland
    Longitude
    -75.8474
    Latitude
    37.9881
    CBSA code
    41540
    CBSA name
    SALISBURY, MD-DE 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
    $2,728
    $0.00
    $0.00
    $245,333
    -
    $116,800
    $128,600
    $245,400

    Comparable in this City

    • Value Estimation
      $190,000
      1,280 SF

      4029 Crisfield Hwy

      GROCERY, SUPERMARKET • 1,280 SF
      4029 Crisfield Hwy, Crisfield, MD 21817-2467
      View Details
    • Value Estimation by Request
      24,891 SF

      Jacksonville Rd

      GROCERY, SUPERMARKET • 24,891 SF
      Jacksonville Rd, Crisfield, MD 21817
      View Details
    • Value Estimation by Request
      9,000 SF

      Main St

      GROCERY, SUPERMARKET • 9,000 SF
      Main St, Crisfield, MD 21817
      View Details
    • Value Estimation
      $305,000
      1,216 SF

      4459 Crisfield Hwy

      CONVENIENCE STORE • 1,216 SF
      4459 Crisfield Hwy, Crisfield, MD 21817-2569
      View Details
    • Value Estimation
      $230,000
      1,488 SF

      913 Spruce St

      GROCERY, SUPERMARKET • 1,488 SF
      913 Spruce St, Crisfield, MD 21817-1052
      View Details
    • Value Estimation
      $375,000
      2,500 SF

      55 Richardson Ave

      CONVENIENCE STORE • 2,500 SF
      55 Richardson Ave, Crisfield, MD 21817-1216
      View Details

    Similar Nearby for Sale

    • $799,000
      1.15 Acres

      Commercial Property with Income Potential

      Gas station, convenience store, restaurant, and rental units for sale.
      4459 Crisfield Hwy, Crisfield, MD 21817
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    • $750,000

      Established Liquor and Lottery Store

      Profitable beer, wine, liquor, and lottery store for sale.
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    • $450,000

      Waterfront Investment Opportunity in Crisfield

      Waterfront property with multiple income streams and stunning views.
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    • $120,000

      Turn-Key Restaurant in Crisfield, MD

      Historic, fully equipped restaurant in destination location. Ready for operation.
      901 W Main St, Crisfield, MD 21817
      View Details
    • $104,900

      Turnkey Restaurant Opportunity

      Free-standing restaurant with commercial kitchen and outdoor seating.
      4125 Crisfield Hwy, Crisfield, MD 21817
      View Details
    • $850,000
      8.43 Acres

      Crisfield Waterfront Development Opportunity

      Prime Maryland land, 8.43 acres, excellent potential.
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      View Details
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    Richardson Ave
    Crisfield, MD 21817
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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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