5350 Queens ChapelHyattsville, MD 20782

  • Turn key restaurants
  • 2,524 SF
Off market
$823,000 Estimated

Property Details for 5350 Queens Chapel

Year built
1982
Construction
BRICK
Lot size
0.66 AC
Property size (Sq ft)
2,524 SF
Zone code
LTOE
Property type
Turn key restaurants
APN
17-1860022
APU
171860022

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $527,467
    6.5%
    $486,892
    7%
    $452,114
  • Comparable approach

    Method
    Valuation
    Relative Method
    $171,560
    Geo Method
    $438,395
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $952,916
    Mixed-Use / Specialty
    $483,771
    Hospitality / Lodging
    $353,123
    Office
    $479,453
    Institutional / Educational
    $502,431
    Residential Income
    $587,845
    Multifamily
    $712,711
    Automotive / Energy
    $430,655
    Parking / Income-Based Land
    $149,983
    Restaurant / Food Service
    $248,655
    Healthcare / Senior Housing
    $497,519

Location Insight

City
Hyattsville
County
Prince George's
State
Maryland
Latitude
38.9556
Longitude
-76.9636
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
$13,110
$431,200
$391,800
$823,000
-
$431,200
$391,800
$823,000

FAQs

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