Free Standing Retail
For Sale
Contact for pricing
104 W Ridgeville Blvd, Mount Airy, MD
Two-story retail building with open floor plan and parking.
Property Size2,730 SF
Lot Size0.82 Acres
Price / SF$236.26
Days on Market262
Property Features for 104 W Ridgeville Blvd
General Information
Standard status
Active
Size
2,730 SF
Lot size
0.82 Acres
Property subtype
RETAIL
Listing Agency:
Frederick Commercial Real Estate
(240) 457-4802
Listed By:
Chris Kline, Jr.
Source:
Moodyscre
Added: Nov 10, 2025
Changed: Jul 6
Last Checked: Jul 22 at 4:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frederick Commercial Real Estate
Investment Insights
Based on property information with market context.
This is a two-story free-standing retail building featuring an open floor plan. The upper level is accessible via a separate entrance. Large windows provide ample natural light. The property includes 9 paved parking spaces, including handicap accessible parking. Public water and sewer services are available. The building is equipped with central AC and propane. It is located near I-70.
Key Highlights
- Last mile to I‑70
- 9 paved parking spaces including handicap accessible
- Upper level can be accessed by separate entrance
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.6k | $15.96 |
| − Vacancy | −$1.1k | −$0.40 |
| EGI | $42.5k | $15.56 |
| − OpEx | −$12.7k | −$4.67 |
| NOI | $29.7k | $10.89 |
2,730 SF · lease $15.96/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$424.8K
$371.7K – $495.6K
NOI $29,737 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.01M
$885.2K – $1.18M
NOI $70,812 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Home Improvements & Furnishings 36%
Shops & Services 15%
Food Lion Grocery Store
Groceries
21,283 visits/mo
0.4 miles
Mount Airy Ace Hardware
Home Improvements & Furnishings
10,393 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
5,427 visits/mo
0.5 miles
Southern States
Home Improvements & Furnishings
5,092 visits/mo
0.4 miles
Mr. Tire
Shops & Services
1,024 visits/mo
0.5 miles
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two-story retail building with open floor plan and parking.
Where is this retail space located?
The property is located at 104 W Ridgeville Blvd Mount Airy, MD.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Last mile to I‑70; 9 paved parking spaces including handicap accessible; Upper level can be accessed by separate entrance
