2501 Solomons IsAnnapolis, MD 21401

  • Office properties
  • 4,227 SF
Off market
$3,601,323 Estimated

Property Details for 2501 Solomons Is

Year built
1954
Construction
BRICK
Lot size
1.62 AC
Property size (Sq ft)
4,227 SF
Zone code
TC
Property type
Office properties
Property subtype
Office buildings
APN
02-000-11744600
APU
200011744600

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $684,103
    6.5%
    $631,480
    7%
    $586,374
  • Comparable approach

    Method
    Valuation
    Relative Method
    $251,385
    Geo Method
    $265,921
  • Alternative Use

    Use
    Valuation
    Residential
    $783,035
    Hospitality
    $717,256
    Educational
    $596,749
    Medical
    $617,272
    Retail
    $928,276
2501 Solomons Is, Annapolis, Maryland

Location Insight

City
Annapolis
County
Anne Arundel
State
Maryland
Latitude
38.9814
Longitude
-76.5362
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $770,300
  • Assessed land value
    $2,206,000
  • Assessed value
    $2,976,300
  • Tax year
    2023
  • Tax bill
    $32,501

FAQs

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