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Property profile & analytics

9899 Main St Damascus, MD 20872

  • Retail space
  • 17,700 SF
  • 0.81 lot acres
For Lease
Last Sale
Dec 15, 2021
$2,250,000
Value Estimations
$2,565,000
Cap Rate Potential
Location Intelligence
Property ID
US40-1311550
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Say Vrai Gluten-Free / Market / Bakery
  • Lewis Frank H DDS / Dentist
  • Jim Kearney - State Farm Insurance Agent / Renter'S Insurance Agency / Insurance Agency
  • Sarcoma Foundation of America / Non-Profit Organization
  • Han Mi Martial Arts / Gracie Damascus / Taekwondo School / Martial Arts School

Property Details for 9899 Main St

Construction
BRICK
Lot size
0.81 lot acres
Property size
17,700 SF
Zone code
CRT17
Property type
Retail space
APN
12-02813506
APU
1202813506

Description

This exceptional retail and office space, located at 9899 Main St in Damascus, Maryland, presents a unique opportunity for a discerning business. The 2,850 square foot endcap unit is situated in the Miles Center, a 1991-built property in the heart of Damascus, at the high-traffic intersection of Ridge Road (11,352 ADT) and Main Street (21,101 ADT). The ground-level retail space offers excellent visibility and accessibility, complemented by ample surface parking directly in front of and to the side of the building. The property also includes second-level office units, providing flexibility for various business needs. This location benefits from its strategic position between Mt. Airy, Clarksburg, and Germantown, offering convenient access to a large customer base. Furthermore, its proximity to I-270 and I-70 ensures easy commuting for employees and customers. The space is ideally suited for a restaurant, showroom, or medical practice, offering a blend of high visibility and convenient access. The property is located in Montgomery County, Maryland, zip code 20872. This is a rare opportunity to secure a prominent retail space in a thriving community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,555,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Damascus
County
Montgomery
State
Maryland
Longitude
-77.2039
Latitude
39.2887
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$22,862
$0.00
$0.00
$1,825,800
-
$843,100
$1,383,300
$2,226,400
More about this property
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