31550 WinterplaceSalisbury, MD 21804

  • Office properties
  • 44,706 SF
Off market
$3,530,256 Estimated

Property Details for 31550 Winterplace

Year built
1972
Construction
BRICK
Lot size
9.63 AC
Property size (Sq ft)
44,706 SF
Zone code
LB1
Property type
Office properties
Property subtype
Office buildings
APN
05-107318
APU
5107318

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,684,252
    6.5%
    $7,093,156
    7%
    $6,586,502
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,652,047
    Geo Method
    $2,812,454
  • Alternative Use

    Use
    Valuation
    Residential
    $8,795,513
    Hospitality
    $8,056,643
    Educational
    $6,703,032
    Medical
    $6,933,560
    Retail
    $10,426,939
31550 Winterplace, Salisbury, Maryland

Location Insight

City
Salisbury
County
Wicomico
State
Maryland
Latitude
38.3753
Longitude
-75.5201
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $2,917,567
  • Tax year
    2023
  • Tax bill
    $29,103

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