11545 SomersetPrincess Anne, MD 21853
- Office buildings
- 4,691 SF
Off market
$5,911,000 Estimated
Property Details for 11545 Somerset
- Year built
- 1957
- Lot size
- 0.59 AC
- Property size (Sq ft)
- 4,691 SF
- Zone code
- C-1
- Property type
- Office buildings
- APN
- 15-001526
- APU
- 15001526
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $943,832
- 6.5%
- $871,230
- 7%
- $808,999
-
Comparable approach
- Method
- Valuation
- Relative Method
- $535,643
- Geo Method
- $295,111
-
Alternative Use
- Use
- Valuation
- Residential
- $1,080,325
- Hospitality
- $989,572
- Educational
- $823,312
- Medical
- $851,627
- Retail
- $1,280,708
Location Insight
- City
- Princess Anne
- County
- Somerset
- State
- Maryland
- Latitude
- 38.198
- Longitude
- -75.6907
- 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
$2,117
$100,200
$90,200
$190,400
-
$100,200
$90,200
$190,400
Comparable in this City
Similar Nearby for Sale
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