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    18100 Town Ctr Dr Olney, MD 20832-1480
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    Property profile & analytics

    18100 Town Ctr Dr Olney, MD 20832-1480


    • Grocery and convenience stores
    • 52,940 SF
    • 10.87 lot acres
    Off-Market
    Last Sale May 31, 2022
    Property ID
    US40-0839403
    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.

    Value Estimations
    $33,990,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fair Hill / Shopping Center & Mall
    • PNC Mortgage / Loan Service / Bank
    • PNC Bank / Bank / Loan Service
    • PNC Bank ATM / Atm

    Property Details for 18100 Town Ctr Dr

    Year built
    2011
    Construction
    BRICK
    Lot size
    10.87 lot acres
    Property size
    52,940 SF
    Zone code
    CRT2.
    Property type
    Grocery and convenience stores
    APN
    08-02697794
    APU
    802697794

    Description

    This exceptional retail opportunity is located within the Fair Hill Shopping Center at 18100 Town Center Dr, Olney, Maryland 20832, in Montgomery County. The property is a strip center with multiple tenants, offering a vibrant and established retail environment. Currently, there is 3,200 square feet of vacant space available, presenting a unique chance for a business to establish a strong presence in this thriving community. One space within the available area measures 1,200 square feet, ideal for a variety of retail uses. The property's address is conveniently situated in Olney, providing excellent access to a substantial customer base. The precise total building square footage is not currently available. This location offers a high-traffic area with significant visibility, making it an attractive proposition for businesses seeking strong foot traffic and exposure. The property's strategic location within the established Fair Hill Shopping Center ensures a synergistic environment with existing businesses, potentially creating opportunities for cross-promotion and customer synergy. This is a rare opportunity to secure prime retail space in a desirable location. Interested parties should act quickly.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $29,245,000
      Current use
      INDUSTRIAL (GENERAL)
      $25,225,000
      Change: -14% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $23,950,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Olney
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0617
    Latitude
    39.1535
    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
    $478,079
    $0.00
    $0.00
    $40,168,600
    -
    $10,793,000
    $29,936,800
    $40,729,800
    More about this property
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