211 TilghmanSalisbury, MD 21804

  • Investment properties
  • 3,224 SF
Off market
$5,175,000 Estimated

Property Details for 211 Tilghman

Year built
1972
Lot size
0.52 AC
Property size (Sq ft)
3,224 SF
Zone code
LB1
Property type
Investment properties
Property subtype
Live-work space
APN
05-044251
APU
5044251

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $631,036
    6.5%
    $582,494
    7%
    $540,888
  • Comparable approach

    Method
    Valuation
    Relative Method
    $195,070
    Geo Method
    $206,878
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,137,470
    Retail / Commercial
    $584,009
    Hospitality / Lodging
    $428,096
    Office
    $579,625
    Institutional / Educational
    $605,762
    Residential Income
    $708,742
    Multifamily
    $846,880
    Automotive / Energy
    $519,225
    Parking / Income-Based Land
    $178,617
    Restaurant / Food Service
    $304,171
    Healthcare / Senior Housing
    $596,755

Location Insight

City
Salisbury
County
Wicomico
State
Maryland
Latitude
38.37
Longitude
-75.547
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
$1,612
-
-
$162,533
-
$45,000
$135,000
$180,000

FAQs

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