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    101 Lookout Ave Mount Airy, MD 21771

    • Warehouses
    • 10,128 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 101 Lookout Ave

    Year built
    1953
    Property size
    10,128 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 10,128-square-foot industrial property at 101 Lookout Avenue in Mount Airy, Maryland, presents a rare freestanding commercial opportunity. Situated on a 0.79-acre lot, this single-story, 1953-built building offers a versatile blend of office and warehouse space, perfectly suited for a variety of businesses. The property features three loading docks and three dock-high doors, ensuring efficient loading and unloading. Ceiling heights vary, ranging from 13 feet to 16 feet 8 inches, and include mezzanine storage for added capacity. Ample parking is available. The flexible Community Commercial (CC) zoning allows for diverse uses, including contractors, automotive businesses, general retail, and office operations. The asking price is $1,450,000, translating to $143.17 per square foot. This prime location in Carroll County, Maryland (zip code 21771) offers excellent accessibility and visibility. The property's size, features, and zoning make it an ideal investment for entrepreneurs and businesses seeking a functional and adaptable space.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Airy
    County
    Carroll
    State
    Maryland
    Longitude
    -77.1526
    Latitude
    39.3751

    Comparable in this City

    • Value Estimation
      $1,610,000
      23,849 SF

      2701 Back Acre Cir

      DISTRIBUTION WAREHOUSE • 23,849 SF
      2701 Back Acre Cir, Mount Airy, MD 21771-7752
      View Details
    • Value Estimation by Request
      12,000 SF

      1802 Back Acre Cir

      WAREHOUSE, STORAGE • 12,000 SF
      1802 Back Acre Cir, Mount Airy, MD 21771-7789
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    • Value Estimation by Request
      4,200 SF

      102 Century Dr

      MINI-WAREHOUSE, STORAGE • 4,200 SF
      102 Century Dr, Mount Airy, MD 21771-4111
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    • Value Estimation by Request
      7,608 SF

      602 Main St

      WAREHOUSE, STORAGE • 7,608 SF
      602 Main St, Mount Airy, MD 21771-7498
      View Details
    • Value Estimation by Request
      4,000 SF

      Prospect St

      WAREHOUSE, STORAGE • 4,000 SF
      Prospect St, Mount Airy, MD 21771
      View Details
    • Value Estimation by Request
      2,305 SF

      Mount

      WAREHOUSE, STORAGE • 2,305 SF
      Mount, Airy, MD 21771
      View Details

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      Parking, storage, and commercial spaces available for lease in Mount Airy.
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    101 Lookout Ave
    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
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