8831 ChesapeakeNorth Beach, MD 20714

  • Retail properties
  • 1,368 SF
For Sale
$870,000 View listing

Property Details for 8831 Chesapeake

Year built
1999
Construction
BRICK
Lot size
0.08 AC
Property size (Sq ft)
1,368 SF
Zone code
C
Property type
Retail properties
Property subtype
Drive through restaurants
APN
03-168379
APU
3168379

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $325,020
    6.5%
    $300,018
    7%
    $278,588
  • Comparable approach

    Method
    Valuation
    Relative Method
    $201,381
    Geo Method
    $575,744
  • Alternative Use

    Use
    Valuation
    Residential
    $253,077
    Hospitality
    $231,817
    Educational
    $192,869
    Medical
    $199,502
    Retail
    $300,018
8831 Chesapeake, North Beach, Maryland

Location Insight

City
North Beach
County
Calvert
State
Maryland
Latitude
38.7038
Longitude
-76.5332
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $329,433
  • Tax year
    2023
  • Tax bill
    $4,149

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