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    Property profile & analytics
    OFF-MARKET Estimated value $2,465,000
    Banks

    17831 Georgia Ave, Olney, MD 20832-2233

    4,493 SF 0.36 ac lot Built 1981
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US40-1234894
    Property summary
    AI-generated overview

    Cavalcade Plaza presents a unique opportunity for a large-scale retailer seeking a prominent location in Houston's vibrant Heights neighborhood. This retail center offers a substantial 28,660 square feet of vacant space, ideal for a big-box tenant. The property is categorized as a multi-tenant retail building, currently housing a total of three suites. The significant available space represents a rare find in this highly sought-after area, known for its strong consumer base and limited retail vacancies. Located in Harris County, Cavalcade Plaza benefits from excellent visibility and accessibility, making it an attractive proposition for businesses aiming to capitalize on the area's robust retail market. The expansive square footage allows for considerable flexibility in design and layout, catering to a variety of retail concepts. This is an exceptional chance to establish a significant presence in one of Houston's most dynamic and desirable retail corridors. The property's size and location offer substantial potential for growth and long-term success. Serious inquiries are encouraged to explore this exceptional retail opportunity.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1981
    Construction BRICK
    Total area 4,493 SF
    Lot 0.36 ac (15,801 SF)
    Zoning code CRT2.
    APN 08-01494620
    UPID US40-1234894
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Donation Center Mary's Center Parking Lot & Garage
    • Project B Green Charitable Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.23M
    Blend (final) Blend
    $2.47M
    Owner & transaction history
    Montgomery County Maryland · 1 yrs held
    Montgomery County Maryland
    since 2025
    Last sale
    $2.6M
    2 recorded transactions
    2025
    $2.6M
    2021
    $1.3M
    Zoning & alternative use
    CRT2. · Olney, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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