21795 Shangri LaLexington Park, MD 20653
- Strip malls
- 18,284 SF
Off market
$1,156,900 Estimated
Property Details for 21795 Shangri La
- Year built
- 1958
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.83 AC
- Property size (Sq ft)
- 18,284 SF
- Zone code
- DMX
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 08-042829
- APU
- 8042829
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,909,546
- 6.5%
- $5,454,966
- 7%
- $5,065,326
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,702,203
- Geo Method
- $7,695,100
-
Alternative Use
- Use
- Valuation
- Residential
- $4,601,468
- Hospitality
- $4,214,920
- Educational
- $3,506,764
- Medical
- $3,627,367
- Retail
- $5,454,966
Location Insight
- City
- Lexington Park
- County
- St. Mary's
- State
- Maryland
- Latitude
- 38.2656
- Longitude
- -76.4551
- 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
$12,226
$299,100
$857,800
$1,156,900
-
$299,100
$857,800
$1,156,900
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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