46565 ExpeditionLexington Park, MD 20653

  • Motels
  • 43,131 SF
Off market
$2,753,600 Estimated

Property Details for 46565 Expedition

Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.00 AC
Property size (Sq ft)
43,131 SF
Zone code
CMX
Property type
Motels
APN
08-138230
APU
8138230

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,884,434
    6.5%
    $8,201,016
    7%
    $7,615,230
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,164,357
    Geo Method
    $16,927,774
  • Alternative Use

    Use
    Valuation
    Residential
    $8,953,127
    Hospitality
    $8,201,016
    Educational
    $6,823,149
    Medical
    $7,057,808
    Retail
    $10,613,788
46565 Expedition, Lexington Park, Maryland

Location Insight

City
Lexington Park
County
St. Mary's
State
Maryland
Latitude
38.2782
Longitude
-76.4641
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
$29,100
$382,900
$2,370,700
$2,753,600
-
$382,900
$2,370,700
$2,753,600

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