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    22401 Jefferson Blvd Smithsburg, MD 21783

    Sponsored
    For Lease
    Contact for pricing

    Thriving Retail Center, Space Available

    Lot size:
    53,152 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Village Square is a well-established neighborhood shopping center totaling 53,152 square feet, strategically located to serve the affluent communities of Smithburg and Cavetown, Maryland. This multi-tenant property boasts a strong anchor tenant, Martin's Foods, complemented by a diverse mix of established businesses including Walgreens, Domino's Pizza, and Dunkin'. The center offers a variety of everyday convenience options for local residents, ensuring consistent foot traffic and strong tenant occupancy. Currently, one retail space is available, measuring 2,100 square feet, presenting a unique opportunity for a business seeking high visibility and a prime location within a successful shopping center. Its proximity to Hagerstown, Maryland (just 5 miles away), further enhances its accessibility and market reach. The center's established tenant base and strong community ties create a stable and attractive investment opportunity for prospective tenants. The property's size and tenant mix provide a balanced and diverse retail environment, catering to a wide range of consumer needs. This is an exceptional opportunity to establish or expand a business in a thriving, well-maintained shopping center with a proven track record of success. The available space is ready for immediate occupancy and offers significant potential for growth within a vibrant and affluent market.

    Property Features for 22401 Jefferson Blvd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    53,152 SF

    Unit(s) available at that property

    Space
    Available Space 6
    Size
    2,100 SF

    HighLights

    • Retail shopping center totaling 53,152 square feet.
    • One 2,100 square foot retail space currently available.
    • Anchored by Martin's Foods, with tenants including Walgreens, Domino's, Dunkin' Donuts, and other smaller shops.
    • Serves the affluent Smithburg and Cavetown neighborhoods, located just five miles from Hagerstown, MD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coinstar Kiosk - Bitcoin ... Atm MARTIN'S Grocery Store Volta Charging Station Electric Vehicle Charging Station CDReload - Online Bitcoin ... Crypto Atm LibertyX Bitcoin ATM Atm

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Gym & Fitness Auto Parts Store Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithsburg
    County
    Washington
    State
    Maryland
    Longitude
    -77.5903284
    Latitude
    39.6412821

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    FAQs

    What type of property is this?
    Lifestyle center - Thriving Retail Center, Space Available
    Where is this lifestyle center located?
    The property is located at 22401 Jefferson Blvd Smithsburg, MD.
    What are key features of this property?
    This property features: Retail shopping center totaling 53,152 square feet.; One 2,100 square foot retail space currently available.; Anchored by Martin's Foods, with tenants including Walgreens, Domino's, Dunkin' Donuts, and other smaller shops.
    Request Owner's contact information
    22401 Jefferson Blvd Smithsburg, MD 21783
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    Smithsburg, MD 21783
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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
    22401 Jefferson Blvd Smithsburg, MD 21783
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