Property profile

104 Ridgeville Blvd Mount Airy, MD 21771

OFF-MARKET
Office buildings
Property ID
US40-2324376
2,730 SF 0.73 ac lot Built 1920
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a two-story, free-standing retail building with an open floor plan. The upper level can be accessed via a separate entrance. Large windows on the exterior provide natural light. The site includes 9 paved parking spaces, with handicap-accessible parking. Public water and sewer services are available. The building is equipped with central air conditioning and propane. It is located near I-70.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Construction WOOD
Total area 2,730 SF
Lot 0.73 ac (31,712 SF)
Zoning code CC
APN 18-367726
UPID US40-2324376

Cap rate & NOI

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

Location

104 Ridgeville Blvd Mount Airy, MD 21771-5236
Mount Airy metro Census 752001 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$423k
Blend (final) Blend
$520k

Owner & transaction history

since 2022
Last sale
$570,000
6 recorded transactions
2022
$570,000
2016
Price N/A
2008
$540,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Mount Airy, MD
Zoning description

Article V Provisions Governing Commercial Districts § 112-37 LC Limited Commercial District. § 112-37.1 Downtown Zone (DTZ). § 112-37.2 Mixed Use District (MXD). § 112-38 NP Neighborhood Professional District. § 112-39 C…

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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