1500 CrainGlen Burnie, MD 21061

  • Turn key restaurants
  • 8,499 SF
Off market
$2,399,900 Estimated

Property Details for 1500 Crain

Year built
1984
Construction
BRICK
Lot size
2.17 AC
Property size (Sq ft)
8,499 SF
Zone code
C4
Property type
Turn key restaurants
APN
03-000-06665507
APU
300006665507

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,693,894
    6.5%
    $2,486,671
    7%
    $2,309,052
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,347,374
    Geo Method
    $1,347,374
  • Alternative Use

    Use
    Valuation
    Residential
    $2,097,600
    Hospitality
    $1,921,390
    Educational
    $1,598,574
    Medical
    $1,653,552
    Retail
    $2,486,671

Location Insight

City
Glen Burnie
County
Anne Arundel
State
Maryland
Latitude
39.1459
Longitude
-76.6321
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD 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
$23,951
-
-
$2,399,900
-
$1,485,500
$980,000
$2,465,500

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