625 HanoverHampstead, MD 21074

  • Grocery and convenience stores
  • 1,560 SF
Off market
$7,012,700 Estimated

Property Details for 625 Hanover

Year built
1992
Construction
BRICK
Lot size
0.70 AC
Property size (Sq ft)
1,560 SF
Zone code
C-2
Property type
Grocery and convenience stores
APN
08-000719
APU
8000719

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $348,400
    6.5%
    $321,600
    7%
    $298,628
  • Comparable approach

    Method
    Valuation
    Relative Method
    $247,312
    Geo Method
    $247,312
  • Alternative Use

    Use
    Valuation
    Residential
    $271,281
    Hospitality
    $248,492
    Educational
    $206,743
    Medical
    $213,853
    Retail
    $321,600

Location Insight

City
Hampstead
County
Carroll
State
Maryland
Latitude
39.5918
Longitude
-76.8446
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
$6,674
$365,800
$224,800
$590,600
-
$365,800
$224,800
$590,600

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