Property profile

103 Central Ave Ridgely, MD 21660

OFF-MARKET
Retail space
Property ID
US40-1705608
2,229 SF 0.07 ac lot Built 1937
Individually Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1937
Construction BRICK
Total area 2,229 SF
Lot 0.07 ac (3,196 SF)
Zoning code C2
APN 07-006624
UPID US40-1705608

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
  • Hair Salon Nail Salon

Location

103 Central Ave Ridgely, MD 21660-2005
Ridgely metro Census 955201
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2019
$85,000

Zoning & alternative use

C2 · Ridgely, MD
Zoning description

This district encompasses the shipping and office Core of the Town of Ridgely. Appropriate uses are those generally consistent with rural town centers and that are appropriate in scale and use with the current buildings…

General category COMMERCIAL

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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