16318 ClarysvilleFrostburg, MD 21532

  • Individual retail properties
  • 7,875 SF
Off market
$14,527,260 Estimated

Property Details for 16318 Clarysville

Year built
2008
Construction
WOOD
Lot size
1.45 AC
Property size (Sq ft)
7,875 SF
Property type
Individual retail properties
APN
24-005399
APU
24005399

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,121,090
    6.5%
    $1,957,930
    7%
    $1,818,080
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,637,510
    Geo Method
    $1,637,510
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,792,050
    Mixed-Use / Specialty
    $1,961,500
    Hospitality / Lodging
    $1,452,830
    Office
    $1,960,840
    Institutional / Educational
    $2,042,940
    Residential Income
    $2,390,240
    Multifamily
    $2,808,240
    Automotive / Energy
    $1,751,090
    Parking / Income-Based Land
    $593,857
    Restaurant / Food Service
    $1,042,710
    Healthcare / Senior Housing
    $2,000,660

Location Insight

City
Frostburg
County
Allegany
State
Maryland
Latitude
39.6419
Longitude
-78.8881
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
$5,072
-
-
$466,600
-
$108,700
$452,700
$561,400

FAQs

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