12521 ProsperitySilver Spring, MD 20904

Property Details for 12521 Prosperity

Year built

1992

Construction

BRICK

Lot size

4.18 AC

Property size (Sq ft)

85,881 SF

Zone code

CR0.7

Property type

Hospitality properties

Property subtype

Hotels

APN

05-02673947

APU

502673947

• CAP approach

  CAP return

  Valuation

  6%

  $20,656,838

  6.5%

  $19,067,850

  7%

  $17,705,860

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,288,827

  Geo Method

  $33,706,016

• Alternative Use

  Use

  Valuation

  Residential

  $20,816,552

  Hospitality

  $19,067,850

  Educational

  $15,864,227

  Medical

  $16,409,823

  Retail

  $24,677,688

Location Insight

City

Silver Spring

County

Montgomery

State

Maryland

Latitude

39.0612

Longitude

-76.96

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $10,239,267
• Tax year
  2022
• Tax bill
  $121,688

FAQs

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