8588 OceanEaston, MD 21601

  • Auto shops
  • 4,085 SF
Off market
$4,744,670 Estimated

Property Details for 8588 Ocean

Year built
1988
Construction
BRICK
Lot size
0.47 AC
Property size (Sq ft)
4,085 SF
Property type
Auto shops
APN
01-062115
APU
1062115

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $973,872
    6.5%
    $898,959
    7%
    $834,747
  • Comparable approach

    Method
    Valuation
    Relative Method
    $267,267
    Geo Method
    $267,267
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,715,320
    Mixed-Use / Specialty
    $911,003
    Hospitality / Lodging
    $688,227
    Office
    $921,474
    Institutional / Educational
    $952,526
    Residential Income
    $1,114,460
    Multifamily
    $1,252,080
    Automotive / Energy
    $816,451
    Parking / Income-Based Land
    $266,681
    Restaurant / Food Service
    $506,364
    Healthcare / Senior Housing
    $918,579

Location Insight

City
Easton
County
Talbot
State
Maryland
Latitude
38.7849
Longitude
-76.0609
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
$3,414
$318,100
$154,400
$472,500
-
$318,100
$154,400
$472,500

FAQs

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