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    3110-3140 Olney Sandy Spring Rd Olney, MD 20832

    For Lease
    Contact for pricing

    High-visibility retail space available in Olney, MD.

    Lot size:
    1,172 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    306
    This exceptional retail opportunity is located within the Shoppes of Olney, situated at the intersection of Georgia Avenue (MD Route 97) and Olney Sandy Spring Road (MD Route 108), offering unparalleled visibility and accessibility from both major roadways. The space totals 1,172 square feet and is currently vacant, presenting a unique chance for a new tenant to establish a presence in a thriving commercial center. The property boasts multiple access points, including a full-movement traffic light, ensuring convenient ingress and egress for customers. The center is anchored by a top-performing store in the Washington DC Metropolitan area, drawing significant foot traffic and providing a strong retail environment. Olney is a highly desirable trade area, with average household incomes exceeding $177,000 within a three-mile radius, indicating a strong consumer base with significant purchasing power. The property's convenient location also offers easy access to the Intercounty Connector (ICC)/MD 200, approximately two miles away, enhancing regional accessibility. This prime retail space presents an excellent opportunity for businesses seeking high visibility and a strong customer base in a prosperous community. The space is ready for immediate occupancy.

    Property Features for 3110-3140 Olney Sandy Spring Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,172 SF

    Unit(s) available at that property

    Space
    Suite 3229
    Size
    1,172 SF

    HighLights

    • Retail space for lease in the Shoppes of Olney, Montgomery County.
    • 1,172 square feet of vacant space available.
    • High visibility location at Georgia Avenue (MD Route 97) and Olney Sandy Spring Road (MD Route 108).
    • Anchored by a top‑performing regional retailer.
    • Convenient access to the Intercounty Connector (ICC) / MD 200.
    • Multiple access points and a traffic light for easy ingress/egress.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olney
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0635969
    Latitude
    39.1507007

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space available in Olney, MD.
    Where is this retail property located?
    The property is located at 3110-3140 Olney Sandy Spring Rd Olney, MD.
    What are key features of this property?
    This property features: Retail space for lease in the Shoppes of Olney, Montgomery County.; 1,172 square feet of vacant space available.; High visibility location at Georgia Avenue (MD Route 97) and Olney Sandy Spring Road (MD Route 108).
    Request Owner's contact information
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    Olney, MD 20832
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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
    3110-3140 Olney Sandy Spring Rd Olney, MD 20832
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