Property profile

18035 Georgia Ave Olney, MD 20832

FOR LEASE
Retail space
Property ID
US40-2260744
3,472 SF 0.2 ac lot
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 18035 Georgia Avenue in Olney, Maryland, presents a unique investment opportunity. Situated on a sizable 0.2-acre lot, this property offers significant potential for a variety of retail businesses. The address boasts high visibility and excellent street frontage, ensuring maximum exposure to potential customers. While the square footage is currently unavailable, the generous lot size allows for ample space for building expansion or outdoor amenities, depending on the tenant's needs. The property's location in Olney, MD provides access to a thriving community with a strong local economy and a diverse customer base. This is an ideal opportunity for entrepreneurs seeking a prominent location to establish or expand their retail operations. The property is being offered at a price to be determined, making it an attractive proposition for investors seeking a strong return on investment. Serious inquiries are encouraged to explore the possibilities of this prime retail space and its potential to contribute to the continued success of the Olney business community. Further details regarding pricing and square footage will be provided upon request. Don't miss this chance to secure a highly visible and strategically located retail property in a desirable Maryland market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Construction BRICK
Total area 3,472 SF
Lot 0.2 ac (8,630 SF)
Zoning code CRT2.
APN 08-00706648
UPID US40-2260744

Cap rate & NOI

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

Location

18035 Georgia Ave Olney, MD 20832
Olney metro Census 701314 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$885k

Owner & transaction history

since 2004
1 recorded transaction
2004
$860,000

Zoning & alternative use

CRT2. · Olney, 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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