1242 OceanPocomoke City, MD 21851

  • Automotive properties
  • 10,802 SF
Off market

Property Details for 1242 Ocean

Year built
2000
Construction
BRICK
Lot size
9.31 AC
Property size (Sq ft)
10,802 SF
Zone code
C2
Property type
Automotive properties
APN
01-010964
APU
1010964

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,353,109
    6.5%
    $3,095,178
    7%
    $2,874,094
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,487,921
    Geo Method
    $1,712,476
  • Alternative Use

    Use
    Valuation
    Residential
    $2,610,898
    Hospitality
    $2,391,569
    Educational
    $1,989,757
    Medical
    $2,058,188
    Retail
    $3,095,178
1242 Ocean, Pocomoke City, Maryland

Location Insight

City
Pocomoke City
County
Worcester
State
Maryland
Latitude
38.0451
Longitude
-75.5408
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
$10,807
-
-
$1,129,300
-
$355,800
$813,700
$1,169,500

Property Visit Statistics

  • Visits by month
    1.2k
  • Visitors by month
    756
  • Avg Time on site
    25 min

FAQs

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