9544 OceanDelmar, MD 21875
Off market
$16,631,300 Estimated
- Motels
- 22,711 SF
Property Details for 9544 Ocean
- Year built
- 1971
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.66 AC
- Property size (Sq ft)
- 22,711 SF
- Zone code
- C
- Property type
- Motels
- APN
- 11-028322
- APU
- 11028322
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,562,194
- 6.5%
- $5,134,333
- 7%
- $4,767,595
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,357,560
- Geo Method
- $3,357,560
-
Alternative Use
- Use
- Valuation
- Residential
- $5,605,200
- Hospitality
- $5,134,333
- Educational
- $4,271,705
- Medical
- $4,418,616
- Retail
- $6,644,874
9544 Ocean, Delmar, Maryland
Location Insight
- City
- Delmar
- County
- Wicomico
- State
- Maryland
- Latitude
- 38.4537
- Longitude
- -75.5596
- 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
$10,511
$747,000
$306,700
$1,053,700
-
$747,000
$306,700
$1,053,700
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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