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    3405-3407 Olandwood Ct Olney, MD 20832

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    For Sale
    $120,000

    Office condominiums with private offices and open work area available.

    Property size:
    3,706 SF
    Lot size:
    4.83 Acres

    Property Features for 3405-3407 Olandwood Ct

    General Information

    Size
    3,706 SF
    Lot size
    4.83 Acres

    Source: Jay Clogg Realty Group, Inc. Agent John Arensmeyer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Contiguous Office Condominiums For Sale

    Available for purchase are two or four contiguous office condominiums, each featuring multiple private offices and an open work area. The size of two combined units is 1,853 square feet. The annual real estate taxes for the period of 7/1/24-6/30/25 are $6,676.32. The condo fee is $425 per unit. The four contiguous office condominiums occupy the entire second floor of the building and benefit from windows on all four sides.
    Location Intelligence

    Current Use by Public Records

    Office space

    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
    Olney
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0673051
    Latitude
    39.1562296

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    FAQs

    What type of property is this?
    Office space - Office condominiums with private offices and open work area available.
    Where is this office space located?
    The property is located at 3405-3407 Olandwood Ct Olney, MD.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Entire second floor location.; - Four sides of windows provide abundant natural light.; - Two contiguous office condominiums (1,853 SF) featuring multiple private offices and open work area.
    (301) 340-9400
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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
    3405-3407 Olandwood Ct Olney, MD 20832
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