9878 MainDamascus, MD 20872

  • Office properties
  • 9,747 SF
Off market
$22,607,390 Estimated

Property Details for 9878 Main

Year built
1948
Construction
BRICK
Lot size
2.26 AC
Property size (Sq ft)
9,747 SF
Zone code
CRT17
Property type
Office properties
Property subtype
Office buildings
APN
12-03045460
APU
1203045460

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,305,629
    6.5%
    $2,128,273
    7%
    $1,976,253
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,642,442
    Geo Method
    $1,948,815
  • Alternative Use

    Use
    Valuation
    Residential
    $2,639,058
    Hospitality
    $2,417,363
    Educational
    $2,011,218
    Medical
    $2,080,386
    Retail
    $3,128,561
9878 Main, Damascus, Maryland

Location Insight

City
Damascus
County
Montgomery
State
Maryland
Latitude
39.2874
Longitude
-77.2041
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
2022
$20,011
-
-
$1,695,867
-
$1,238,400
$699,200
$1,937,600

FAQs

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