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    Property profile & analytics

    17001 Georgia Ave Olney, MD 20832-2428

    • Assisted living facilities
    • 136,736 SF
    • 37.37 lot acres
    OFF-MARKET
    Value Estimation
    $8,120,000
    Last Sale
    Apr 02, 2020
    $6,500,000
    Location Intelligence
    Property ID
    US40-1881142
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cadence at Olney / Retirement Community

    Property Details for 17001 Georgia Ave

    Year built
    2022
    Lot size
    37.37 lot acres
    Property size
    136,736 SF
    Zone code
    RNC
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    08-03762947
    APU
    803762947

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olney
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0655
    Latitude
    39.1337
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $29,691
    $0.00
    $0.00
    $26,342,067
    -
    $2,690,600
    $25,445,800
    $28,136,400

    Comparable in this City

    • Value Estimation by Request
      3,300 SF

      2805 Olney Sandy Spg Rd

      HOMES (RETIRED, NURSING) • 3,300 SF
      2805 Olney Sandy Spg Rd, Olney, MD 20832
      View Details
    • Value Estimation by Request
      61,578 SF

      2611 Olney Sandy Spg Rd

      HOMES (RETIRED, NURSING) • 61,578 SF
      2611 Olney Sandy Spg Rd, Olney, MD 20832-1604
      View Details
    • Value Estimation by Request
      4,752 SF

      18045 Georgia Ave

      MEDICAL BUILDING • 4,752 SF
      18045 Georgia Ave, Olney, MD 20832-2237
      View Details
    • Value Estimation by Request
      7,094 SF

      3414 Morningwood Dr

      MEDICAL BUILDING • 7,094 SF
      3414 Morningwood Dr, Olney, MD 20832-2260
      View Details
    • Value Estimation by Request
      2,790 SF

      3412 High St

      MEDICAL BUILDING • 2,790 SF
      3412 High St, Olney, MD 20832-2202
      View Details
    • Value Estimation by Request
      2,500 SF

      3416 High St

      MEDICAL BUILDING • 2,500 SF
      3416 High St, Olney, MD 20832-2202
      View Details

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    Similar Nearby for Lease

    • $20 SF/Yr
      6,000 SF

      Warehouse, Flex & Retail Space

      Warehouse, flex, and retail space for lease on Georgia Ave.
      16650 Georgia Ave, Olney, MD 20832
      View Details
    • $6,500 /Mo

      Olney Retail/Office Space Available

      Retail and office space for lease in Olney, Maryland.
      17902 Georgia Ave, Olney, MD 20832
      View Details
    • $3,943 /Mo

      Olney Office Space For Lease

      Office space in Olney town center with first-class finishes.
      3300 Olney Sandy Spring Rd, Olney, MD 20832
      View Details
    • $5,788 /Mo

      Olney Office Space For Lease

      Office space in Olney town center with first-class finishes.
      3300 Olney Sandy Spring Rd, Olney, MD 20832
      View Details
    • $17 SF/Yr
      1,653 SF

      Olney Office Space For Rent

      Office space featuring windowed offices, open workspace, and kitchen.
      3420 Morningwood Dr, Olney, MD 20832
      View Details
    • $275,000
      896 SF

      Renovated Office Space Available

      Newly renovated office space featuring hardwood floors and move-in condition.
      2919 Olney Sandy Spring Rd, Olney, MD 20832
      View Details
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    17001 Georgia Ave
    Olney, MD 20832-2428
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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