12849 OceanOcean City, MD 21842
- Retail properties
- 11,374 SF
Off market
$2,463,400 Estimated
Property Details for 12849 Ocean
- Year built
- 2004
- Lot size
- 0.43 AC
- Property size (Sq ft)
- 11,374 SF
- Zone code
- C2
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 10-213436
- APU
- 10213436
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,383,645
- 6.5%
- $4,046,442
- 7%
- $3,757,410
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,745,040
- Geo Method
- $3,745,040
-
Alternative Use
- Use
- Valuation
- Residential
- $3,413,325
- Hospitality
- $3,126,587
- Educational
- $2,601,284
- Medical
- $2,690,746
- Retail
- $4,046,442
12849 Ocean, Ocean City, Maryland
Location Insight
- City
- Ocean City
- County
- Worcester
- State
- Maryland
- Latitude
- 38.3365
- Longitude
- -75.1036
- 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
$23,575
-
-
$2,463,400
-
$1,345,000
$1,119,700
$2,464,700
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
-
Visits by month6.1k
-
Visitors by month4.7k
-
Avg Time on site8 min
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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