7222 Martin Luther King JrLandover, MD 20785

Off market
$953,600 Estimated
  • Turn key restaurants
  • 7,016 SF

Property Details for 7222 Martin Luther King Jr

Year built
1950
Construction
BRICK
Lot size
0.21 AC
Property size (Sq ft)
7,016 SF
Zone code
RMF20
Property type
Turn key restaurants
APN
13-1395698
APU
131395698

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,666,914
    6.5%
    $1,538,690
    7%
    $1,428,783
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,032,816
    Geo Method
    $2,952,790
  • Alternative Use

    Use
    Valuation
    Residential
    $1,297,942
    Hospitality
    $1,188,908
    Educational
    $989,158
    Medical
    $1,023,176
    Retail
    $1,538,690
7222 Martin Luther King Jr, Landover, Maryland

Location Insight

City
Landover
County
Prince George's
State
Maryland
Latitude
38.9177
Longitude
-76.8817
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
$10,604
$233,400
$720,200
$953,600
-
$233,400
$720,200
$953,600

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