311 MainFruitland, MD 21826

Off market
$5,050,800 Estimated
  • Office buildings
  • 2,588 SF

Property Details for 311 Main

Year built
1925
Construction
WOOD
Lot size
0.50 AC
Property size (Sq ft)
2,588 SF
Zone code
C-1
Property type
Office buildings
APN
16-016233
APU
16016233

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $418,283
    6.5%
    $386,108
    7%
    $358,529
  • Comparable approach

    Method
    Valuation
    Relative Method
    $151,181
    Geo Method
    $162,811
  • Alternative Use

    Use
    Valuation
    Residential
    $478,774
    Hospitality
    $438,554
    Educational
    $364,872
    Medical
    $377,420
    Retail
    $567,578
311 Main, Fruitland, Maryland

Location Insight

City
Fruitland
County
Wicomico
State
Maryland
Latitude
38.319
Longitude
-75.6167
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
$981
-
-
$98,333
-
$43,900
$55,300
$99,200

FAQs

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