Property profile

11 Central Ave Ridgely, MD 21660

OFF-MARKET
Grocery and convenience stores
Property ID
US40-0862204
8,256 SF 0.21 ac lot Built 1920
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1920
Construction BRICK
Total area 8,256 SF
Lot 0.21 ac (9,000 SF)
Zoning code C2
APN 07-004907
UPID US40-0862204

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 Food Market

Location

11 Central Ave Ridgely, MD 21660-2022
Ridgely metro Census 955201
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2025
Last sale
$650,000
4 recorded transactions
2025
$650,000
2018
Price N/A
2002
$195,000
1969
Price N/A

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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