11509 Red RunOwings Mills, MD 21117

  • Hospitality properties
  • 53,980 SF
Off market
$49,693,340 Estimated

Property Details for 11509 Red Run

Year built
2017
Lot size
4.96 AC
Property size (Sq ft)
53,980 SF
Zone code
ML
Property type
Hospitality properties
Property subtype
Hotels
APN
04-2300004650
APU
42300004650

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,315,005
    6.5%
    $8,598,466
    7%
    $7,984,290
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,980,322
    Geo Method
    $7,980,322
  • Alternative Use

    Use
    Valuation
    Residential
    $9,387,027
    Hospitality
    $8,598,466
    Educational
    $7,153,823
    Medical
    $7,399,854
    Retail
    $11,128,169
11509 Red Run, Owings Mills, Maryland

Location Insight

City
Owings Mills
County
Baltimore
State
Maryland
Latitude
39.4321
Longitude
-76.8152
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
$35,575
$1,488,000
$2,556,400
$4,044,400
-
$1,488,000
$2,556,400
$4,044,400

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