Property profile

101 Central Ave Ridgely, MD 21660

OFF-MARKET
Grocery and convenience stores
Property ID
US40-0088551
3,363 SF 0.54 ac lot Built 1940
Entity Owned 20-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1940
Construction BRICK
Total area 3,363 SF
Lot 0.54 ac (23,637 SF)
Zoning code R3
APN 07-007817
UPID US40-0088551

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store

Location

101 Central Ave Ridgely, MD 21660
Ridgely metro Census 955201
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2006
3 recorded transactions
2006
$857,800
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R3 · Ridgely, MD
Zoning description

The purpose of this zone is to provide for low density single family residential development and agricultural uses, preserving open space and rural character while allowing limited farming and related activities.

General category RESIDENTIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 101 Central Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message