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    Property profile & analytics

    2001 Olney Sandy Spg Rd Olney, MD 20832-1601

    • Theaters & concert halls
    • 48,155 SF
    • 10.59 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 13, 2023
    Location Intelligence
    Property ID
    US40-1505261
    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.

    Current Use by Public Records

    • National Players / Theater Company
    • Mulitz-Gudelsky Theatre Lab / Performing Arts Theater
    • Olney Theatre Center / Performing Arts Theater

    Property Details for 2001 Olney Sandy Spg Rd

    Year built
    1930
    Construction
    BRICK
    Lot size
    10.59 lot acres
    Property size
    48,155 SF
    Zone code
    PCC
    Property type
    Theaters & concert halls
    APN
    08-03017314
    APU
    803017314

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olney
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.044
    Latitude
    39.1451
    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
    $13,118
    $0.00
    $0.00
    $11,115,600
    -
    $3,812,400
    $7,981,000
    $11,793,400

    Comparable in this City

    • Value Estimation
      $395,000
      10.00 Acres

      16410 Batchellors Frst Rd

      COUNTRY CLUB • 10.00 Acres
      16410 Batchellors Frst Rd, Olney, MD 20832-2632
      View Details
    • Value Estimation by Request
      31.11 Acres

      16410 Batchellors Frst Rd

      COUNTRY CLUB • 31.11 Acres
      16410 Batchellors Frst Rd, Olney, MD 20832-2632
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    • Value Estimation by Request
      24.43 Acres

      2915 Emory Church Rd

      COUNTRY CLUB • 24.43 Acres
      2915 Emory Church Rd, Olney, MD 20832-2603
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    • Value Estimation by Request
      15,798 SF

      16410 Batchellors Frst Rd

      COUNTRY CLUB • 15,798 SF
      16410 Batchellors Frst Rd, Olney, MD 20832-2632
      View Details
    • Value Estimation by Request
      2.09 Acres

      16900 Georgia Ave

      COMMERCIAL (GENERAL) • 2.09 Acres
      16900 Georgia Ave, Olney, MD 20832-2424
      View Details
    • Value Estimation by Request
      0.86 Acres

      Georgia Ave

      COMMERCIAL (GENERAL) • 0.86 Acres
      Georgia Ave, Olney, MD 20832
      View Details

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    Similar Nearby for Lease

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      6,000 SF

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      Office space in Olney town center with first-class finishes.
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    • $5,788 /Mo

      Olney Office Space For Lease

      Office space in Olney town center with first-class finishes.
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    • $17 SF/Yr
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      Office space featuring windowed offices, open workspace, and kitchen.
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    • $275,000
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      Renovated Office Space Available

      Newly renovated office space featuring hardwood floors and move-in condition.
      2919 Olney Sandy Spring Rd, Olney, MD 20832
      View Details
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    Olney, MD 20832-1601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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