1315 MarketPocomoke City, MD 21851

  • Banks
  • 4,893 SF
Off market
$12,022,560 Estimated

Property Details for 1315 Market

Year built
2008
Lot size
1.20 AC
Property size (Sq ft)
4,893 SF
Zone code
B-2
Property type
Banks
APN
01-025546
APU
1025546

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,518,863
    6.5%
    $1,402,028
    7%
    $1,301,883
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,579,929
    Geo Method
    $775,703
  • Alternative Use

    Use
    Valuation
    Residential
    $1,182,663
    Hospitality
    $1,083,313
    Educational
    $901,304
    Medical
    $932,301
    Retail
    $1,402,028

Location Insight

City
Pocomoke City
County
Worcester
State
Maryland
Latitude
38.0661
Longitude
-75.5544
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
$20,420
-
-
$977,900
-
$71,100
$968,600
$1,039,700

FAQs

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