8931 Old Ocean CityBerlin, MD 21811
- Retail properties
- 2,784 SF
Off market
$4,708,790 Estimated
Property Details for 8931 Old Ocean City
- Year built
- 1971
- Construction
- BRICK
- Lot size
- 0.47 AC
- Property size (Sq ft)
- 2,784 SF
- Zone code
- C1
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 03-006875
- APU
- 3006875
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,152,372
- 6.5%
- $1,063,728
- 7%
- $987,748
-
Comparable approach
- Method
- Valuation
- Relative Method
- $916,669
- Geo Method
- $916,669
-
Alternative Use
- Use
- Valuation
- Residential
- $897,295
- Hospitality
- $821,917
- Educational
- $683,825
- Medical
- $707,343
- Retail
- $1,063,728
8931 Old Ocean City, Berlin, Maryland
Location Insight
- City
- Berlin
- County
- Worcester
- State
- Maryland
- Latitude
- 38.3764
- Longitude
- -75.2568
- 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
$705
-
-
$73,633
-
$51,100
$40,600
$91,700
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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