Property profile

120 Solomons Island Rd Prince Frederick, MD 20678

OFF-MARKET
Retail properties & Spaces
1,241 SF Built 1960
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Property summary

AI-generated overview

This thriving restaurant in Prince Frederick, Maryland, presents a unique owner-user investment opportunity. Located at 120 Solomons Island Rd S, 20678, this 1,241 square foot establishment boasts a strong reputation, evidenced by its 4.6-star Google rating and over 300 reviews. The business, EZ THAI, is known for its high-quality food and exceptional staff, contributing to year-over-year increases in net operating income (NOI). The current NOI stands at $168,000, resulting in a compelling 26.88% capitalization rate. Built in 1960, the property is zoned for commercial use and is offered at an asking price of $625,000 ($503.63 per square foot). The owner is offering hands-on training to ensure a smooth transition for the new owner. Franchise processes have already been initiated, presenting additional growth potential. This turnkey operation is ideal for experienced restaurateurs, culinary experts, or aspiring entrepreneurs seeking a proven business model. The property is situated in Calvert County, MD, providing convenient access to a loyal customer base. This is an exceptional opportunity to acquire a well-established, profitable restaurant with significant upside.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1960
Total area 1,241 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

120 Solomons Island Rd Prince Frederick, MD 20678
Prince Frederick metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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