23 Lumber CityOakland, MD 21550

Off market
  • Auto shops
  • 24,398 SF

Property Details for 23 Lumber City

Year built
1964
Construction
BRICK
Lot size
14.44 AC
Property size (Sq ft)
24,398 SF
Property type
Auto shops
APN
07-005504
APU
7005504

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,536,252
    6.5%
    $7,879,617
    7%
    $7,316,788
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,292,903
    Geo Method
    $12,292,903
  • Alternative Use

    Use
    Valuation
    Residential
    $6,646,752
    Hospitality
    $6,088,389
    Educational
    $5,065,468
    Medical
    $5,239,678
    Retail
    $7,879,617
23 Lumber City, Oakland, Maryland

Location Insight

City
Oakland
County
Garrett
State
Maryland
Latitude
39.3972
Longitude
-79.3989

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
$5,743
-
-
$489,133
-
$116,100
$424,100
$540,200

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