28275 3rd NotchMechanicsville, MD 20659

  • Office buildings
  • 4,348 SF
Off market
$718,533 Estimated

Property Details for 28275 3rd Notch

Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.48 AC
Property size (Sq ft)
4,348 SF
Zone code
TMX
Property type
Office buildings
APN
05-003199
APU
5003199

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,123,654
    6.5%
    $1,037,220
    7%
    $963,132
  • Comparable approach

    Method
    Valuation
    Relative Method
    $726,160
    Geo Method
    $726,160
  • Alternative Use

    Use
    Valuation
    Residential Income
    $1,286,152
    Hospitality / Lodging
    $1,178,108
    Institutional / Educational
    $980,172
    Healthcare / Senior Housing
    $1,013,882
    Retail / Commercial
    $1,524,713

Location Insight

City
Mechanicsville
County
St. Mary's
State
Maryland
Latitude
38.4447
Longitude
-76.7419
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
$7,663
-
-
$718,533
-
$189,700
$615,900
$805,600

FAQs

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