7481 RdgHanover, MD 21076

Property Details for 7481 Rdg

Year built

1990

Construction

BRICK

Lot size

4.60 AC

Property size (Sq ft)

5,152 SF

Zone code

W1

Property type

Retail properties

Property subtype

Turn key restaurants

APN

05-126-90049438

APU

512690049438

• CAP approach

  CAP return

  Valuation

  6%

  $1,336,097

  6.5%

  $1,233,320

  7%

  $1,145,226

• Comparable approach

  Method

  Valuation

  Relative Method

  $731,500

  Geo Method

  $816,763

• Alternative Use

  Use

  Valuation

  Residential

  $1,040,352

  Hospitality

  $952,957

  Educational

  $792,849

  Medical

  $820,116

  Retail

  $1,233,320

Location Insight

City

Hanover

County

Anne Arundel

State

Maryland

Latitude

39.1602

Longitude

-76.7119

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $10,363,000
• Assessed land value
  $1,196,700
• Assessed value
  $11,559,700
• Tax year
  2023
• Tax bill
  $126,232

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