2908 Merritt MlSalisbury, MD 21804
- Mixed-use properties
- 1,380 SF
Off market
$7,590,000 Estimated
Property Details for 2908 Merritt Ml
- Year built
- 1940
- Lot size
- 0.76 AC
- Property size (Sq ft)
- 1,380 SF
- Zone code
- LB1
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 05-048605
- APU
- 5048605
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $237,158
- 6.5%
- $218,915
- 7%
- $203,278
-
Comparable approach
- Method
- Valuation
- Relative Method
- $81,861
- Geo Method
- $86,816
-
Alternative Use
- Use
- Valuation
- Residential
- $271,454
- Hospitality
- $248,651
- Educational
- $206,874
- Medical
- $213,989
- Retail
- $321,805
2908 Merritt Ml, Salisbury, Maryland
Location Insight
- City
- Salisbury
- County
- Wicomico
- State
- Maryland
- Latitude
- 38.3699
- Longitude
- -75.5461
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE 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
$1,120
-
-
$112,700
-
$41,300
$100,200
$141,500
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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