Financial
Distress signals
Property profile

16650 Georgia Ave Olney, MD 20832

FOR LEASE
Retail space
Property ID
US40-0059288
5,925 SF 2.11 ac lot Built 1900
Last sale Jul 2022 · $1,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Property summary

AI-generated overview

The property is a commercial site offering a mix of warehouse, flex, and retail space. Available units are sized in the range of approximately 3,000 to 6,000 square feet. The building is located on Georgia Avenue at a traffic light and is positioned along a high-traffic corridor with an estimated 39,000 vehicles per day. The site includes ample on-site parking and is configured to provide visibility from the roadway.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$22k
Tax billed · 2022
Assessed value · 2023$1.73M
Effective rate1.26%

Value estimate

· Sep 2026
$1.85M
$1.67M – $2.04M
CAP approach$2.10M
NOI build-up
Gross scheduled income$195k
Vacancy & credit loss−$14k
Operating expenses−$54k
NOI · 634,725.00% cap applied$127k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$552/SF
County average, outlier-cleaned · 91 recorded sales of this use type
Observed band · Q1–Q3$268 – $1,001
Qualifying comparables6

Cap rate analysis

How does the asset earn?
634,725.00%
$127k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R200
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant30.2
Realty agency30.0
Building Supply25.3

Location

16650 Georgia Ave Olney, MD 20832
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3200 Olney Sandy Spg, Olney, MD 20832-1410 $650,000 Feb 2025 2,852 SF
18062 Georgia, Olney, MD 20832-2238 $7,750,000 Oct 2021 5,850 SF
18050 Georgia, Olney, MD 20832-2285 $7,750,000 Oct 2021 4,404 SF
17906 Georgia, Olney, MD 20832-2236 $315,000 Jan 2021 992 SF
17825 Georgia, Olney, MD 20832-2233 $1,837,000 Feb 2020 4,050 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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