405 PunkinSalisbury, MD 21804

  • Retail properties
  • 5,622 SF
Off market
$2,471,788 Estimated

Property Details for 405 Punkin

Year built
1998
Construction
WOOD
Lot size
1.68 AC
Property size (Sq ft)
5,622 SF
Zone code
RC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
05-108993
APU
5108993

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,420,268
    6.5%
    $1,311,016
    7%
    $1,217,372
  • Comparable approach

    Method
    Valuation
    Relative Method
    $840,404
    Geo Method
    $891,274
  • Alternative Use

    Use
    Valuation
    Residential
    $1,105,891
    Hospitality
    $1,012,990
    Educational
    $842,796
    Medical
    $871,781
    Retail
    $1,311,016
405 Punkin, Salisbury, Maryland

Location Insight

City
Salisbury
County
Wicomico
State
Maryland
Latitude
38.3674
Longitude
-75.5403
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,538,800
  • Assessed land value
    $504,000
  • Assessed value
    $2,042,800
  • Tax year
    2023
  • Tax bill
    $20,377

Property Visit Statistics

  • Visits by month
    12.7k
  • Visitors by month
    9.2k
  • Avg Time on site
    57 min

FAQs

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