32208 Old Ocean CityParsonsburg, MD 21849

Property Details for 32208 Old Ocean City

Year built

1948

Construction

BRICK

Lot size

3.67 AC

Property size (Sq ft)

3,636 SF

Property type

Retail properties

Property subtype

Auto shops

APN

05-059976

APU

5059976

• CAP approach

  CAP return

  Valuation

  6%

  $918,910

  6.5%

  $848,224

  7%

  $787,637

• Comparable approach

  Method

  Valuation

  Method 1

  $543,581

  Method 2

  $576,427

• Alternative Use

  Use

  Valuation

  Residential

  $715,509

  Hospitality

  $655,402

  Educational

  $545,287

  Medical

  $564,040

  Retail

  $848,224

Location Insight

City

Parsonsburg

County

Wicomico

State

Maryland

Latitude

38.3874

Longitude

-75.4954

CBSA code

41540

CBSA name

SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $123,633
• Tax year
  2023
• Tax bill
  $1,233

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