1630 Ritchie StaCapitol Heights, MD 20743

Off market
$3,275,300 Estimated
  • Turn key restaurants
  • 5,268 SF

Property Details for 1630 Ritchie Sta

Year built
2018
Lot size
1.32 AC
Property size (Sq ft)
5,268 SF
Zone code
CGO
Property type
Turn key restaurants
APN
15-5602537
APU
155602537

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,251,611
    6.5%
    $1,155,333
    7%
    $1,072,810
  • Comparable approach

    Method
    Valuation
    Relative Method
    $775,495
    Geo Method
    $2,217,118
  • Alternative Use

    Use
    Valuation
    Residential
    $974,567
    Hospitality
    $892,698
    Educational
    $742,714
    Medical
    $768,257
    Retail
    $1,155,333
1630 Ritchie Sta, Capitol Heights, Maryland

Location Insight

City
Capitol Heights
County
Prince George's
State
Maryland
Latitude
38.8674
Longitude
-76.8498
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
$36,421
$1,362,100
$1,913,200
$3,275,300
-
$1,362,100
$1,913,200
$3,275,300

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