2 FrederickCumberland, MD 21502

  • Medical offices
  • 8,424 SF
Off market
$625,300 Estimated

Property Details for 2 Frederick

Year built
1997
Construction
BRICK
Lot size
0.20 AC
Property size (Sq ft)
8,424 SF
Zone code
B-CBD
Property type
Medical offices
Property subtype
Medical centers
APN
14-003339
APU
14003339

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,272,330
    6.5%
    $2,097,540
    7%
    $1,947,710
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,684,290
    Geo Method
    $1,684,290
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,056,400
    Retail / Commercial
    $2,094,430
    Mixed-Use / Specialty
    $2,098,250
    Hospitality / Lodging
    $1,554,110
    Institutional / Educational
    $2,185,360
    Residential Income
    $2,556,880
    Multifamily
    $3,004,010
    Automotive / Energy
    $1,873,170
    Parking / Income-Based Land
    $635,257
    Restaurant / Food Service
    $1,115,400
    Healthcare / Senior Housing
    $2,140,140

Location Insight

City
Cumberland
County
Allegany
State
Maryland
Latitude
39.6526
Longitude
-78.7634
CBSA code
19060
CBSA name
CUMBERLAND, 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
2023
$5,817
$61,300
$564,000
$625,300
-
$61,300
$564,000
$625,300

FAQs

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