6306 AddisonCapitol Heights, MD 20743

  • Grocery and convenience stores
  • 3,096 SF
Off market
$793,000 Estimated

Property Details for 6306 Addison

Year built
1968
Construction
BRICK
Lot size
0.30 AC
Property size (Sq ft)
3,096 SF
Zone code
LTOE
Property type
Grocery and convenience stores
APN
18-2045888
APU
182045888

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $576,645
    6.5%
    $532,288
    7%
    $494,267
  • Comparable approach

    Method
    Valuation
    Relative Method
    $188,091
    Geo Method
    $537,746
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,042,580
    Mixed-Use / Specialty
    $528,545
    Hospitality / Lodging
    $385,374
    Office
    $523,483
    Institutional / Educational
    $548,814
    Residential Income
    $642,113
    Multifamily
    $780,344
    Automotive / Energy
    $470,412
    Parking / Income-Based Land
    $164,156
    Restaurant / Food Service
    $270,963
    Healthcare / Senior Housing
    $543,905

Location Insight

City
Capitol Heights
County
Prince George's
State
Maryland
Latitude
38.8876
Longitude
-76.8979
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
$12,434
$57,800
$735,200
$793,000
-
$57,800
$735,200
$793,000

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