11408 OceanBerlin, MD 21811

Off market
  • Outlet malls
  • 117,765 SF

Property Details for 11408 Ocean

Year built
2001
Lot size
13.41 AC
Property size (Sq ft)
117,765 SF
Zone code
C3
Property type
Outlet malls
APN
03-172872
APU
3172872

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $45,391,124
    6.5%
    $41,899,500
    7%
    $38,906,676
  • Comparable approach

    Method
    Valuation
    Relative Method
    $38,775,680
    Geo Method
    $38,775,680
  • Alternative Use

    Use
    Valuation
    Residential
    $35,343,796
    Hospitality
    $32,374,726
    Educational
    $26,935,392
    Medical
    $27,861,742
    Retail
    $41,899,500
11408 Ocean, Berlin, Maryland

Location Insight

City
Berlin
County
Worcester
State
Maryland
Latitude
38.3416
Longitude
-75.1638
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
$78,646
$3,960,200
$4,257,800
$8,218,000
-
$3,960,200
$4,257,800
$8,218,000

Property Visit Statistics

  • Visits by month
    51.6k
  • Visitors by month
    29.7k
  • Avg Time on site
    21 min

FAQs

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