1205 NationalLavale, MD 21502

  • Drive through restaurants
  • 2,465 SF
Off market
$936,000 Estimated

Property Details for 1205 National

Year built
1988
Construction
BRICK
Lot size
0.54 AC
Property size (Sq ft)
2,465 SF
Zone code
B
Property type
Drive through restaurants
APN
29-043019
APU
29043019

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $663,935
    6.5%
    $612,863
    7%
    $569,087
  • Comparable approach

    Method
    Valuation
    Relative Method
    $512,566
    Geo Method
    $512,566
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,186,970
    Mixed-Use / Specialty
    $613,981
    Hospitality / Lodging
    $454,758
    Office
    $613,774
    Institutional / Educational
    $639,473
    Residential Income
    $748,184
    Multifamily
    $879,022
    Automotive / Energy
    $548,120
    Parking / Income-Based Land
    $185,887
    Restaurant / Food Service
    $326,385
    Healthcare / Senior Housing
    $626,239

Location Insight

City
Lavale
County
Allegany
State
Maryland
Latitude
39.6388
Longitude
-78.832
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
$10,174
$466,200
$469,800
$936,000
-
$466,200
$469,800
$936,000

FAQs

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