1023 SpaAnnapolis, MD 21403

  • Retail properties
  • 12,417 SF
Off market
$4,640,229 Estimated

Property Details for 1023 Spa

Construction
BRICK
Lot size
3.77 AC
Property size (Sq ft)
12,417 SF
Zone code
R3
Property type
Retail properties
Property subtype
Auto shops
APN
06-000-02725685
APU
600002725685

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,008,789
    6.5%
    $2,777,344
    7%
    $2,578,962
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,814,342
    Geo Method
    $1,968,507
  • Alternative Use

    Use
    Valuation
    Residential
    $2,342,793
    Hospitality
    $2,145,986
    Educational
    $1,785,435
    Medical
    $1,846,839
    Retail
    $2,777,344
1023 Spa, Annapolis, Maryland

Location Insight

City
Annapolis
County
Anne Arundel
State
Maryland
Latitude
38.9686
Longitude
-76.5101
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $630,400
  • Assessed land value
    $3,204,500
  • Assessed value
    $3,834,900
  • Tax year
    2023
  • Tax bill
    $55,069

FAQs

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