Property profile

170 Armory N Rd Prince Frederick, MD 20678

OFF-MARKET
Commercial land
Property ID
US40-1221481
1.8 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This brand-new, 8,400 square foot retail center in Calvert County, MD, is opening Spring 2025. Located in the heart of Armory Square, this development offers multiple tenancy options, perfect for medical practices or office spaces. Five spaces are currently available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 6,000 square feet. The building is under construction and boasts a prime location alongside established national retailers. Your business will benefit from the high visibility and foot traffic generated by neighboring tenants including Aldi, Dash-IN, Michaels, Ace Hardware, First Watch, Jersey Mike's, Foster's Grille, Playa Bowls, and Hangry Joe's. This is an exceptional opportunity to establish a presence in a thriving retail environment within a newly constructed building. The flexible space options allow for customization to suit various business needs. Don't miss this chance to be part of a vibrant and growing community. Contact us today to learn more about leasing opportunities and secure your space in this exciting new development. The building was constructed in 2024.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.8 ac (78,408 SF)
Zoning code TC
APN 02-118483
UPID US40-1221481

Cap rate & NOI

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

Location

170 Armory N Rd Prince Frederick, MD 20678-4170
Prince Frederick metro Census 860702 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.84M

Owner & transaction history

since 2022
Last sale
$3.9M
1 recorded transaction
2022
$3.9M

Zoning & alternative use

TC · Prince Frederick, 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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