1201 Mt HermonSalisbury, MD 21804

  • Retail properties
  • 2,546 SF
Off market
$1,496,044 Estimated

Property Details for 1201 Mt Hermon

Year built
2014
Construction
BRICK
Lot size
0.49 AC
Property size (Sq ft)
2,546 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
05-075505
APU
5075505

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $643,081
    6.5%
    $593,613
    7%
    $551,212
  • Comparable approach

    Method
    Valuation
    Relative Method
    $380,573
    Geo Method
    $403,626
  • Alternative Use

    Use
    Valuation
    Residential
    $500,735
    Hospitality
    $458,670
    Educational
    $381,608
    Medical
    $394,732
    Retail
    $593,613
1201 Mt Hermon, Salisbury, Maryland

Location Insight

City
Salisbury
County
Wicomico
State
Maryland
Latitude
38.3685
Longitude
-75.5728
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $706,800
  • Assessed land value
    $529,600
  • Assessed value
    $1,236,400
  • Tax year
    2023
  • Tax bill
    $12,333

Property Visit Statistics

  • Visits by month
    1.6k
  • Visitors by month
    1.3k
  • Avg Time on site
    15 min

FAQs

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