620 IndustrialCumberland, MD 21502

  • Drive through restaurants
  • 4,247 SF
Off market
$1,064,700 Estimated

Property Details for 620 Industrial

Year built
1980
Construction
BRICK
Lot size
0.81 AC
Property size (Sq ft)
4,247 SF
Zone code
BH
Property type
Drive through restaurants
APN
04-027191
APU
4027191

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,143,910
    6.5%
    $1,055,920
    7%
    $980,493
  • Comparable approach

    Method
    Valuation
    Relative Method
    $883,111
    Geo Method
    $883,111
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,045,060
    Mixed-Use / Specialty
    $1,057,840
    Hospitality / Lodging
    $783,513
    Office
    $1,057,480
    Institutional / Educational
    $1,101,760
    Residential Income
    $1,289,060
    Multifamily
    $1,514,490
    Automotive / Energy
    $944,367
    Parking / Income-Based Land
    $320,268
    Restaurant / Food Service
    $562,335
    Healthcare / Senior Housing
    $1,078,960

Location Insight

City
Cumberland
County
Allegany
State
Maryland
Latitude
39.6312
Longitude
-78.7546
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
$9,905
$215,600
$849,100
$1,064,700
-
$215,600
$849,100
$1,064,700

FAQs

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