7491 New RdgHanover, MD 21076

  • Hospitality properties
  • 10,539 SF
Off market
$25,759,400 Estimated

Property Details for 7491 New Rdg

Year built
2009
Lot size
10.62 AC
Property size (Sq ft)
10,539 SF
Zone code
W1
Property type
Hospitality properties
Property subtype
Hotels
APN
05-000-90036219
APU
500090036219

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,111,829
    6.5%
    $1,949,381
    7%
    $1,810,139
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,395,420
    Geo Method
    $1,558,070
  • Alternative Use

    Use
    Valuation
    Residential
    $2,128,157
    Hospitality
    $1,949,381
    Educational
    $1,621,862
    Medical
    $1,677,640
    Retail
    $2,522,896
7491 New Rdg, Hanover, Maryland

Location Insight

City
Hanover
County
Anne Arundel
State
Maryland
Latitude
39.1608
Longitude
-76.7137
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
$281,293
-
-
$25,759,400
-
$2,761,200
$25,397,000
$28,158,200

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