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    19961 Fisher Ave Poolesville, MD 20837

    Sponsored
    For Sale
    $1,550,000

    Multi-tenant retail, high occupancy, strong cash flow

    Property size:
    58,523 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 58,523 square foot, multi-tenant retail shopping center and storefront located at 19961 Fisher Avenue in the heart of Poolesville, Maryland. The property boasts two single-story buildings totaling 11,490 net rentable square feet, currently operating at 100% occupancy with three established tenants, including the only hardware store within a 12-mile radius. Built in 1960, this commercially zoned property sits on a 58,523 square foot lot and includes 15 parking spaces. The asking price is $1,550,000, representing a compelling $26.49 per square foot and a 6.83% cap rate. A master lease is available for all three spaces, with a leaseback option and expansion potential. Further income generation opportunities exist through the rental of an additional 27,000+ square feet of land for outside storage or the construction of 9,500+ square feet of additional retail space upon lease expiration. Located in the highly desirable Montgomery County, Poolesville offers an affluent demographic with an average household income exceeding $210,000 and is home to Maryland's top-ranked high school. This property presents a rare chance to acquire a stabilized, high-performing retail asset in a prime location with significant upside potential. APN: 03-00044594, 03-00044583. Lease type is NNN.

    Property Features for 19961 Fisher Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    58,523 SF

    Building Details

    Year Built
    1960
    Buildings
    2
    Stories
    1

    HighLights

    • Significant upside potential: Lease Lot 2 (27,000 SF) for outside storage or develop 9,500 SF of additional retail space after master lease expiration.
    • Exceptional location: Situated in highly desirable Poolesville, MD, boasting a top‑ranked high school and average household income exceeding $210,000, offering strong tenant demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Healthy Hub Restaurant All About Equestrian Tack Shop Poolesville Hardware & Propane Hardware Store Poolesville Hardware & Grocery Grocery Store Poolesville Appliance Repair Appliance Repair Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Poolesville
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.4171772
    Latitude
    39.1465055

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Lifestyle center - Multi-tenant retail, high occupancy, strong cash flow
    Where is this lifestyle center located?
    The property is located at 19961 Fisher Ave Poolesville, MD.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: Significant upside potential: Lease Lot 2 (27,000 SF) for outside storage or develop 9,500 SF of additional retail space after master lease expiration.; Exceptional location: Situated in highly desirable Poolesville, MD, boasting a top-ranked high school and average household income exceeding $210,000, offering strong tenant demand.;
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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
    19961 Fisher Ave Poolesville, MD 20837
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