1208 Old Ocean CitySalisbury, MD 21804

Property Details for 1208 Old Ocean City

Year built

1955

Construction

BRICK

Lot size

0.51 AC

Property size (Sq ft)

1,260 SF

Property type

Retail properties

Property subtype

Auto shops

APN

05-021685

APU

5021685

• CAP approach

  CAP return

  Valuation

  6%

  $318,268

  6.5%

  $293,786

  7%

  $272,801

• Comparable approach

  Method

  Valuation

  Relative Method

  $188,345

  Geo Method

  $199,752

• Alternative Use

  Use

  Valuation

  Residential

  $247,820

  Hospitality

  $227,001

  Educational

  $188,863

  Medical

  $195,358

  Retail

  $293,786

Location Insight

City

Salisbury

County

Wicomico

State

Maryland

Latitude

38.3734

Longitude

-75.5739

CBSA code

41540

CBSA name

SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $110,867
• Tax year
  2023
• Tax bill
  $1,106

FAQs

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