420 RaceCambridge, MD 21613

  • Retail properties
  • 18,398 SF
Off market
$601,572 Estimated

Property Details for 420 Race

Year built
1930
Construction
BRICK
Lot size
0.33 AC
Property size (Sq ft)
18,398 SF
Zone code
C-2
Property type
Retail properties
Property subtype
Turn key restaurants
APN
07-118201
APU
7118201

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,371,135
    6.5%
    $4,034,894
    7%
    $3,746,687
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,708,344
    Geo Method
    $2,916,694
  • Alternative Use

    Use
    Valuation
    Residential
    $3,403,584
    Hospitality
    $3,117,665
    Educational
    $2,593,860
    Medical
    $2,683,067
    Retail
    $4,034,894
420 Race, Cambridge, Maryland

Location Insight

City
Cambridge
County
Dorchester
State
Maryland
Latitude
38.5693
Longitude
-76.077
CBSA code
15700
CBSA name
CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $497,167
  • Tax year
    2023
  • Tax bill
    $9,189

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