361 FrederickCumberland, MD 21502

  • Grocery and convenience stores
  • 1,890 SF
Off market
$351,400 Estimated

Property Details for 361 Frederick

Year built
1976
Construction
BRICK
Lot size
0.25 AC
Property size (Sq ft)
1,890 SF
Zone code
B-L
Property type
Grocery and convenience stores
APN
23-007894
APU
23007894

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $509,062
    6.5%
    $469,903
    7%
    $436,339
  • Comparable approach

    Method
    Valuation
    Relative Method
    $393,002
    Geo Method
    $393,002
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $910,091
    Mixed-Use / Specialty
    $470,760
    Hospitality / Lodging
    $348,679
    Office
    $470,601
    Institutional / Educational
    $490,306
    Residential Income
    $573,658
    Multifamily
    $673,976
    Automotive / Energy
    $420,262
    Parking / Income-Based Land
    $142,526
    Restaurant / Food Service
    $250,250
    Healthcare / Senior Housing
    $480,159

Location Insight

City
Cumberland
County
Allegany
State
Maryland
Latitude
39.6578
Longitude
-78.7584
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
$3,269
$86,400
$265,000
$351,400
-
$86,400
$265,000
$351,400

FAQs

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