8438 OceanEaston, MD 21601

  • Drive through restaurants
  • 2,108 SF
Off market
$506,100 Estimated

Property Details for 8438 Ocean

Year built
1962
Construction
BRICK
Lot size
0.38 AC
Property size (Sq ft)
2,108 SF
Property type
Drive through restaurants
APN
01-021125
APU
1021125

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $502,551
    6.5%
    $463,894
    7%
    $430,758
  • Comparable approach

    Method
    Valuation
    Relative Method
    $137,919
    Geo Method
    $137,919
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $885,164
    Mixed-Use / Specialty
    $470,109
    Hospitality / Lodging
    $355,149
    Office
    $475,512
    Institutional / Educational
    $491,536
    Residential Income
    $575,097
    Multifamily
    $646,116
    Automotive / Energy
    $421,317
    Parking / Income-Based Land
    $137,617
    Restaurant / Food Service
    $261,301
    Healthcare / Senior Housing
    $474,018

Location Insight

City
Easton
County
Talbot
State
Maryland
Latitude
38.7807
Longitude
-76.0607
CBSA code
20660
CBSA name
EASTON, MD MICROPOLITAN 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
$3,657
-
-
$506,100
-
$413,700
$93,600
$507,300

FAQs

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