24404 3rd NotchHollywood, MD 20636

  • Office buildings
  • 8,262 SF
Off market
$9,918,520 Estimated

Property Details for 24404 3rd Notch

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.99 AC
Property size (Sq ft)
8,262 SF
Zone code
TMX
Property type
Office buildings
APN
06-000401
APU
6000401

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,135,150
    6.5%
    $1,970,908
    7%
    $1,830,129
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,379,837
    Geo Method
    $1,379,837
  • Alternative Use

    Use
    Valuation
    Residential
    $2,443,926
    Hospitality
    $2,238,623
    Educational
    $1,862,508
    Medical
    $1,926,562
    Retail
    $2,897,235

Location Insight

City
Hollywood
County
St. Mary's
State
Maryland
Latitude
38.3389
Longitude
-76.5629
CBSA code
15680
CBSA name
CALIFORNIA-LEXINGTON PARK, MD 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
$7,940
-
-
$753,433
-
$275,700
$504,000
$779,700

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