Property profile

2 Mayo Rd Edgewater, MD 21037

OFF-MARKET
Strip malls
Property ID
US40-0302139
14,451 SF 0.93 ac lot Built 1965
Individually Owned 24-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property in Edgewater, Maryland is a restaurant space previously operated as a Vietnamese restaurant for more than 10 years. The interior layout includes indoor seating with booths, tables, bar stools, and a coffee bar. The commercial kitchen is fully equipped with prep stations, refrigeration (fridges and freezers), cooking and warming equipment including fryers and a grill, and a point-of-sale (POS) system. The space is configured to support both dine-in and takeout service. Building security and operating controls include a security system with 8 cameras and a POS system, and the premises are described as having complete inventory included. The listing also referenced that the building was under lease, but no lease terms are stated here.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Construction BRICK
Total area 14,451 SF
Lot 0.93 ac (40,716 SF)
Zoning code C3
APN 01-000-02112800
UPID US40-0302139

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Computer & Electronic Repair Tech Support Center
  • Nail Salon

Location

2 Mayo Rd Edgewater, MD 21037-1426
Edgewater metro Census 701104 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.38M
Blend (final) Blend
$1.74M

Owner & transaction history

since 2001
4 recorded transactions
2017
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C3 · Edgewater, 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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