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    205 Center St Mount Airy, MD 21771

    Sponsored
    Source: https://www.cbcworldwide.com
    For Sale
    $4,500,000

    Free-Standing Building Sitting on 1.63 AC Commercial/Industrial zoning For Sale

    Property size:
    28,656 SF

    Description

    Added:
    May 13, 2025
    Days on Market:
    238
    Easy access from major Highways of I-70 and Route 27. Free-standing building sitting on 1.63 acres Commercial/Industrial zoning supports many uses Has retail component Highly educated population of 20,514 in 10 min drive time At the centre of the healthcare market of $152 Million Plenty of free onsite parking

    Three-floor free-standing office building sitting on 1.63 acres is for sale. Occupied by Mount Airy Police Station, Lab Corp, ENTACARE and Maryland Oncology and Hematology, Mt Airy Tax and Accounting LLC and multi-specialty Medical Doctors, producing $385,680 NOI. Its commercial and industrial zoning allows many different uses, including retail units on the first floor. Ask about the potential partial sale.
    Easily accessible from major highways of I-70 and Route 27, this 3-floor building is located in Downtown Mt Airy. 95% of the population of 20,454 people within 10 minutes drive time of this property have high school and higher education, 44% have Bachelor/Grad/Prof Degrees, and have a median income of $126,633. This property is ideal for medical use as it is at the centre of the $152 Million worth of healthcare market.

    Property Features for 205 Center St

    General Information

    Property type
    Office buildings
    Square Feet
    28,656 SF
    Price / Square Foot
    $157
    Elevators
    N/A
    Lot Size
    71,003 SF

    Building Details

    Buildings
    1
    Stories
    3
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Airy
    State
    Maryland
    Longitude
    -77.1458125
    Latitude
    39.3747682

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    FAQs

    What type of property is this?
    Office building - Free-Standing Building Sitting on 1.63 AC Commercial/Industrial zoning For Sale
    Where is this office building located?
    The property is located at 205 Center St Mount Airy, MD.
    What is the asking price?
    The asking price for this property is $4,500,000.
    (571) 271-6604
    Request Owner's contact information
    205 Center St Mount Airy, MD 21771
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    Mount Airy, MD 21771
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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
    205 Center St Mount Airy, MD 21771
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