Property profile

1311 Main St Mount Airy, MD 21771

FOR SALE
Super regional malls
Property ID
US40-0972551
34,800 SF 2.28 ac lot Built 2008
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Main Street Plaza, located at 1311 South Main Street in Mount Airy, Maryland, 21771, offers exceptional office space in a prime Carroll County location. This three-story, 44,000 square foot building, constructed in 2008, features both traditional and executive office suites. The property sits on a 2.28-acre lot and provides ample parking with 169 spaces. Multiple tenancy options are available, with minimum divisible space starting at 1,295 square feet and maximum contiguous space reaching 2,936 square feet. Building amenities include elevators. Suite 208, a 1,295 square foot space, includes a waiting room, reception area, and four private offices, currently priced at $18.50 per square foot. Suite 302 offers 2,936 square feet, featuring a reception area, six private offices, a conference area, a large open area, and a kitchenette, currently priced at $16.00 per square foot. The property is zoned Community Commercial, offering convenient access and visibility. This well-maintained building presents a fantastic opportunity for businesses seeking modern and functional office space in a thriving community.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2008
Total area 34,800 SF
Lot 2.28 ac (99,230 SF)
Zoning code CC
APN 13-014701
UPID US40-0972551

Cap rate & NOI

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

Location

1311 Main St Mount Airy, MD 21771
Mount Airy metro Census 513001 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$860k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.50M
Blend (final) Blend
$860k

Owner & transaction history

since 2018
7 recorded transactions
2018
$9.3M
2009
Price N/A
2008
Price N/A
2007
$700,000
2007
Price N/A
2005
$620,000
2005
$400,000

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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