482 ProspectFrederick, MD 21701

  • Retail properties
  • 6,856 SF
Off market
$870,272 Estimated

Property Details for 482 Prospect

Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.83 AC
Property size (Sq ft)
6,856 SF
Zone code
GC
Property type
Retail properties
Property subtype
Community centers
APN
02-149281
APU
2149281

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,398,744
    6.5%
    $2,214,225
    7%
    $2,056,066
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,454,387
    Geo Method
    $3,454,387
  • Alternative Use

    Use
    Valuation
    Residential
    $1,867,781
    Hospitality
    $1,710,878
    Educational
    $1,423,430
    Medical
    $1,472,384
    Retail
    $2,214,225
482 Prospect, Frederick, Maryland

Location Insight

City
Frederick
County
Frederick
State
Maryland
Latitude
39.4056
Longitude
-77.4292
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $719,233
  • Tax year
    2023
  • Tax bill
    $13,056

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