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    Property profile & analytics
    OFF-MARKET Estimated value $33,990,000
    Grocery and convenience stores

    18100 Town Ctr Dr, Olney, MD 20832-1480

    52,940 SF 10.87 ac lot Built 2011
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US40-0839403
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 2011
    Construction BRICK
    Total area 52,940 SF
    Lot 10.87 ac (473,378 SF)
    Zoning code CRT2.
    APN 08-02697794
    UPID US40-0839403
    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
    • Fair Hill Shopping Center & Mall
    • PNC Mortgage Loan Service Bank
    • PNC Bank Bank Loan Service
    • PNC Bank ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $33.99M
    Owner & transaction history
    Cmf Fair Hill LLC · 4 yrs held
    Cmf Fair Hill LLC
    since 2022
    5 recorded transactions
    2022
    2022
    2012
    2006
    2004
    Zoning & alternative use
    CRT2. · Olney, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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