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    Property profile & analytics

    31 Main St Hancock, MD 21750-1414

    • Investment properties
    • 4,158 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-2368105
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 31 Main St

    Year built
    1905
    Construction
    BRICK
    Lot size
    0.08 lot acres
    Property size
    4,158 SF
    Zone code
    U
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    05-004748
    APU
    5004748

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hancock
    County
    Washington
    State
    Maryland
    Longitude
    -78.1794
    Latitude
    39.6987
    CBSA code
    25180
    CBSA name
    HAGERSTOWN-MARTINSBURG, 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
    $631
    $27,000
    $42,000
    $69,000
    -
    $27,000
    $42,000
    $69,000

    Comparable in this City

    • Value Estimation
      $275,000
      9,600 SF

      134 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 9,600 SF
      134 Main St, Hancock, MD 21750-1417
      View Details
    • Value Estimation
      $215,000
      6,324 SF

      121 High St, Unit 123

      OFFICE/RESIDENTIAL (MIXED USE) • 6,324 SF
      121 High St, Hancock, MD 21750-1141
      View Details
    • Value Estimation
      $290,000
      6,250 SF

      51 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,250 SF
      51 Main St, Hancock, MD 21750-1427
      View Details
    • Value Estimation by Request
      4,200 SF

      52 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,200 SF
      52 Main St, Hancock, MD 21750-1409
      View Details
    • Value Estimation
      $290,000
      2,520 SF

      7 Taney St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,520 SF
      7 Taney St, Hancock, MD 21750-1424
      View Details
    • Value Estimation
      $235,000
      3,011 SF

      83 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,011 SF
      83 Main St, Hancock, MD 21750-1454
      View Details

    Similar Nearby for Sale

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      Fully occupied duplex with garage, ideal for investors or owner-occupants.
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    • New
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      90.00 Acres

      Picturesque 90-Acre Property with Views

      90-acre property with outbuildings, ponds, and tillable ground.
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      Hancock Canal-Front Gem

      Historic B&B or Single Family Home
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    • Contact for pricing
      0.58 Acres

      Residential Land in Hancock, MD

      Three lots totaling 0.58 acres, ideal for custom home.
      Fulton St, Hancock, MD 21750
      View Details
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    31 Main St
    Hancock, MD 21750-1414
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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