114 LafayetteLaurel, MD 20707

  • Auto shops
  • 5,040 SF
Off market
$12,862,980 Estimated

Property Details for 114 Lafayette

Year built
1980
Construction
BRICK
Lot size
1.28 AC
Property size (Sq ft)
5,040 SF
Zone code
LAUR
Property type
Auto shops
APN
10-1084110
APU
101084110

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,307,051
    6.5%
    $1,206,509
    7%
    $1,120,330
  • Comparable approach

    Method
    Valuation
    Relative Method
    $715,597
    Geo Method
    $799,007
  • Alternative Use

    Use
    Valuation
    Residential
    $1,017,735
    Hospitality
    $932,240
    Educational
    $775,613
    Medical
    $802,287
    Retail
    $1,206,509

Location Insight

City
Laurel
County
Prince George's
State
Maryland
Latitude
39.1011
Longitude
-76.8415
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 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
$18,403
-
-
$1,116,000
-
$559,200
$593,400
$1,152,600

FAQs

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