Property profile

115 Potomac St Brunswick, MD 21716

OFF-MARKET
Investment properties
Property ID
US40-2381833
2,434 SF 0.07 ac lot Built 1910
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This stunning, fully renovated (2024) two-story building, totaling 3,194 square feet, presents a unique opportunity in Brunswick, MD's revitalized historic district. Originally constructed in 1910 as the People's National Bank, this single-tenant property boasts a prime location on West Potomac Street, near N Maryland Ave, within the B2 Mixed Use zoning district. The building sits on 0.11 acres and offers flexible space suitable for various uses, including traditional, creative, or executive office space, event space, retail, or even a data center. The property is currently vacant and available for lease at $11.27 per square foot annually, on a triple net (NNN) lease basis. Lease terms are negotiable. Annual property taxes are $1.47 per square foot. While parking is not provided on-site, the building's central location offers easy access to area amenities. This exceptional property provides a blend of historic charm and modern functionality, making it an ideal location for businesses seeking a high-profile presence in a thriving downtown area. Its strategic location offers access to HUB, Enterprise, and Opportunity Zones. Don't miss this chance to establish your business in this exciting and rapidly developing Maryland community.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Construction FRAME
Total area 2,434 SF
Lot 0.07 ac (3,125 SF)
Zoning code B2
APN 25-476891
UPID US40-2381833

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
  • Construction Company General Contractor

Location

115 Potomac St Brunswick, MD 21716-1467
Brunswick metro Census 775400 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$330k

Owner & transaction history

since 2023
Last sale
$332,000
7 recorded transactions
2023
$332,000
2013
$30,000
2011
Price N/A
2004
$77,552
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Brunswick, MD

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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