11501 Progress Ln, Princess Anne, MD 21853 Property Records

Somerset County property record for 11501 Progress Ln, Princess Anne, MD 21853

Property Summary

Property Type	R&D Facility, Laboratory
Details	5,680 sqft · built 2007
Lot Size	3.59 acres (156,380 sqft)
Owner	Company Name on Record
Last Sale	$385,000 (Dec 2020)
Tax Bill	$8,611 (2025)
Deeds & Mortgages	Jun 2022 Mortgage Dec 2020 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`15-019077`

Property Details

APN / Parcel Number

Primary APN	`15-019077`
Alternative APN	`019077`

Interior

Stories	1 Story
Building Area	5,680 sqft Total Area
1st Floor Area	5,680 sqft
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 2007
Effective Year Built	Effective 2007
Exterior Material	Metal
Fire Resistance	Special
Lot Area	156,380 sqft (3.59 acres)

Utilities, Heating & Cooling

Heating System	Forced Air with A/C

Location & Zoning

Account Number	019077
Street Address	11501 PROGRESS LN
City	PRINCESS ANNE
State	MD
Zip	21853-1024
Property Category	Industrial
Property Type	Industrial > R&D Facility, Laboratory
Local Zoning Code	I-1
Legal Description	3.592AC-LT3-PL19/27A NE/SD PROGRESS LN INDUSTRIAL PARK PROPERTY
Legal Lot Number	3
Jurisdiction	SOMERSET MD
Township / Civil Division	15, EAST PRINCESS ANNE
Census Block Group	2
Census Block	2044
Census Tract	930101

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Individually Listed	Adams Farm listed 1988 · 13 contributing resources · NRIS 88002140

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Somerset County records, as of August 18, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	10661 EDGEWOOD DR, DUBLIN, OH 43017-9602
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jun 8, 2022	Deed of Trust, Mortgage · Commercial Mortgage VIRIDESCENT REALTY TRUST INC
Dec 11, 2020	Grant Deed, Transfer ATTORNEY ONLY
Aug 25, 2017	Deed, Transfer · Commercial Mortgage CNB

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 11, 2020 · Amount on Record
Deed Sale	Dec 11, 2020 · Amount on Record
Prior Sale	Aug 25, 2017 · Amount on Record
Deed Book / Page	1121 / 124
Record Updated	Sep 20, 2026

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SOMERSET MD
Property Address	11501 PROGRESS LN, PRINCESS ANNE, MD 21853-1024
Transaction Type	Mortgage
Record Updated	Sep 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0012370001
Date	Jun 8, 2022
Book Page	1237/1

Lender

Name	VIRIDESCENT REALTY TRUST INC
Address	LAKE CITY, FL 32055

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

December 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SOMERSET MD
Recording Date	Dec 11, 2020
Property Address	11501 PROGRESS LN, PRINCESS ANNE, MD 21853-1024
Document Number	0011210124
Book / Page	001121 / 000124
Instrument Date	Dec 10, 2020
Transaction Type	Transfer
Record Updated	Dec 29, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$385.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	10661 EDGEWOOD DR DUBLIN OH 430179602, DUBLIN, OH 43017-9602

August 2017: Deed, Transfer

Document Type	Deed
Jurisdiction	SOMERSET MD
Recording Date	Aug 25, 2017
Property Address	11501 PROGRESS LN, PRINCESS ANNE, MD 21853-1024
Document Number	0009560486
Book / Page	0956 / 486
Map Reference	MB ITP19 PG27A&27B
Instrument Date	Aug 9, 2017
Instrument	0956-486
Transaction Type	Transfer
Record Updated	Aug 10, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	11026 GREENSBORO RD, DENTON, MD 21629-3317

Mortgage

Document Number	956492
Date	Aug 25, 2017
Instrument	0956-492

Lender

Name	CNB
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Somerset County assessment roll, as of August 26, 2025

Property Jurisdictions

Type	Name
State	Maryland
County	Somerset County
Municipality	Princess Anne Town
Unified School District	Somerset County Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$774,800 (+0.16%) Land $117,200 Building $657,600	$774,800 (+0.16%) Land $117,200 Building $657,600
2025	$8,611.00 (+0.1%)
2023	$8,602.00	$773,600 Land $117,200 Building $656,400	$773,600 Land $117,200 Building $656,400

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective February 28, 2019 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 67% of the US · above 68% of Maryland
Wildfire Likelihood	0.02% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	TOWN OF PRINCESS ANNE serves 3,300 people · EPA ID MD0190002
Water Source	Groundwater
Last State Inspection	Jul 2024
Lead	3 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Apr 2017
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 272 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, Simple Fiber.

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