214 MerrimacPrince Frederick, MD 20678

  • Office properties
  • 1,600 SF
Off market
$242,000 Estimated

Property Details for 214 Merrimac

Year built
1989
Construction
BRICK
Property size (Sq ft)
1,600 SF
Zone code
TC
Property type
Office properties
Property subtype
Other office properties
APN
02-069016
APU
2069016

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $258,599
    6.5%
    $238,706
    7%
    $221,656
  • Comparable approach

    Method
    Valuation
    Relative Method
    $93,466
    Geo Method
    $267,216
  • Alternative Use

    Use
    Valuation
    Residential
    $295,996
    Hospitality
    $271,131
    Educational
    $225,578
    Medical
    $233,336
    Retail
    $350,898
214 Merrimac, Prince Frederick, Maryland

Location Insight

City
Prince Frederick
County
Calvert
State
Maryland
Latitude
38.5366
Longitude
-76.5842
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $150,000
  • Assessed land value
    $50,000
  • Assessed value
    $200,000
  • Tax year
    2023
  • Tax bill
    $2,078

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