6406 IvyGreenbelt, MD 20770

  • Office buildings
  • 173,794 SF
Off market
$20,615,967 Estimated

Property Details for 6406 Ivy

Year built
1991
Construction
BRICK
Lot size
8.87 AC
Property size (Sq ft)
173,794 SF
Zone code
RTOLE
Property type
Office buildings
APN
21-3227899
APU
213227899

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $41,710,400
    6.5%
    $38,501,900
    7%
    $35,751,800
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,165,700
    Geo Method
    $29,025,300
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $76,288,100
    Retail / Commercial
    $39,024,900
    Mixed-Use / Specialty
    $38,810,700
    Hospitality / Lodging
    $28,376,400
    Institutional / Educational
    $40,320,600
    Residential Income
    $47,175,200
    Multifamily
    $56,995,500
    Automotive / Energy
    $34,560,600
    Parking / Income-Based Land
    $12,000,600
    Restaurant / Food Service
    $20,025,500
    Healthcare / Senior Housing
    $39,876,600

Location Insight

City
Greenbelt
County
Prince George's
State
Maryland
Latitude
39.0096
Longitude
-76.8943
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
$370,160
-
-
$20,615,967
-
$5,216,000
$16,644,200
$21,860,200

FAQs

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