10811 New Georges CrkFrostburg, MD 21532

  • Office properties
  • 24,942 SF
Off market

Property Details for 10811 New Georges Crk

Year built
1979
Construction
BRICK
Lot size
15.50 AC
Property size (Sq ft)
24,942 SF
Zone code
C2
Property type
Office properties
Property subtype
Office buildings
APN
24-010317
APU
24010317

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,936,452
    6.5%
    $5,479,802
    7%
    $5,088,387
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,986,904
    Geo Method
    $4,986,904
  • Alternative Use

    Use
    Valuation
    Residential
    $6,794,954
    Hospitality
    $6,224,141
    Educational
    $5,178,412
    Medical
    $5,356,506
    Retail
    $8,055,308
10811 New Georges Crk, Frostburg, Maryland
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Location Insight

City
Frostburg
County
Allegany
State
Maryland
Latitude
39.6476
Longitude
-78.9111
CBSA code
19060
CBSA name
CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$38,382
-
-
$4,011,267
-
$875,000
$3,347,700
$4,222,700

FAQs

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