NOT LISTED FOR SALE

Lot 8 Park Dr Princess Anne, MD 21853

4.1 Acres
-- Price per Acre
178,596 Sq Ft Lot

Last Sold March 08, 2023

Last sale price $102,500

544 Days on Market

About This Lot

As of March 2023

Lot 8 - 4.10 acres in the Princess Anne Industrial Park. Add'l lots available – Lot 14B – 3.50 acres, Lot 9 3.22 acres and Parcel 133A 1.38 acres. $30,000 per acre. Fully equipped with water, sewer, utilities and access roads. Fiber optic lines at the entrance to the park. The site is level, cleared and ready for construction (subject to permits). The Industrial Park is accommodating to a wide range of light manufacturing, warehouse, service and office users. Located in the State of Maryland Enterprise Zone for new construction tax abatements and a HUB zone which promotes job growth, capital investment and economic development to underutilized business zones. Princess Anne is accessible to the east coast markets with north/south and east/west access by major US highways. Add'l access is provided by a major regional airport and proximity to major seaports and rail junctions. Located in a Maryland Opportunity Zone which could provide tax benefits and incentives to investors.

Last Agent to Sell the Property

Henry Hanna

(410) 543-2419 henry.hanna@svn.com SVN |Miller Commercial Real Estate Listed on: 12/02/2020

SVN |Miller Commercial Real Estate

Co-Listed By

Florence Adams

(410) 726-0966 flo.adams@svn.com SVN |Miller Commercial Real Estate License #597618

Last Buyer's Agent

Henry Hanna

(410) 543-2419 henry.hanna@svn.com SVN |Miller Commercial Real Estate Listed on: 12/02/2020

SVN |Miller Commercial Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $967

Lot Details

  • 4.1 Acre Lot
  • Cleared Lot
  • Additional Parcels
  • Property is zoned I-1, Industrial Park Zoning

Schools

  • Princess Anne Elementary School
  • Washington Academy And Middle School
  • Washington High School

Utilities

  • Water Service Lateral Not Installed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 15-019263

Property Details

Property Type

Land

Est. Annual Taxes

$967

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Lot 8 - 4.10 acres in the Princess Anne Industrial Park. Add'l lots available – Lot 14B – 3.50 acres, Lot 9 3.22 acres and Parcel 133A 1.38 acres. $30,000 per acre. Fully equipped with water, sewer, utilities and access roads. Fiber optic lines at the entrance to the park. The site is level, cleared and ready for construction (subject to permits). The Industrial Park is accommodating to a wide range of light manufacturing, warehouse, service and office users. Located in the State of Maryland Enterprise Zone for new construction tax abatements and a HUB zone which promotes job growth, capital investment and economic development to underutilized business zones. Princess Anne is accessible to the east coast markets with north/south and east/west access by major US highways. Add'l access is provided by a major regional airport and proximity to major seaports and rail junctions. Located in a Maryland Opportunity Zone which could provide tax benefits and incentives to investors.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.69
  • Street Number Modifier: Lot 8

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Lateral Not Installed/Must Tap Off Main

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SOMERSET COUNTY PUBLIC SCHOOLS
  • Elementary School: PRINCESS ANNE
  • Middle School: WASHINGTON ACADEMY AND
  • High School: WASHINGTON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138759568
  • School District Source: Listing Agent
  • Elementary School: PRINCESS ANNE
  • High School: WASHINGTON
  • Middle Or Junior School: WASHINGTON ACADEMY AND

Lot Info

  • Additional Parcels: Yes
  • Land Use Code: 007
  • Lot Features: Cleared
  • Lot Size Acres: 4.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 178596.00
  • Year Assessed: 2021
  • Zoning: I-1
  • Zoning Description: Industrial Park Zoning
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12573870
  • Tax Annual Amount: 967.00
  • Assessor Parcel Number: 15-019263
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/08/2023

MLS Schools

  • School District Name: SOMERSET COUNTY PUBLIC SCHOOLS

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2023 03/08/23 Sold $102,500 -16.7% --
05/30/2022 05/30/22 Pending -- -- --
12/02/2020 12/02/20 For Sale $123,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Henry Hanna

    Seller's Agent in 2023

    Henry Hanna

    SVN |Miller Commercial Real Estate

    (410) 543-2419

    11 in this area

    73 Total Sales

    Henry Hanna
    Section Image

  • F

    Seller Co-Listing Agent in 2023

    Florence Adams

    SVN |Miller Commercial Real Estate

    (410) 726-0966

    8 in this area

    46 Total Sales

    Florence Adams
    Section Image
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Map

Source: Bright MLS

MLS Number: MDSO104176

Bright MLS
Maryland Somerset County Princess Anne 21853

Lot 8 Park Dr, Princess Anne, MD

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