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Property profile & analytics
OFF-MARKET
Warehouses

204 Banjo Ln Centreville, MD 21617-1054

3,300 SF 0.62 ac lot Built 1978
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US40-2231664
Property summary
AI-generated overview

This exceptional commercial lease opportunity in Centreville, MD, presents a versatile space ideally situated near the heart of historic downtown, the health department, and the courthouse. The property's convenient location offers excellent accessibility and visibility. Suitable for a wide range of businesses, including professional offices, contractors, warehouse operations, service providers, small retailers, or studios, this well-maintained property provides ample parking for tenants and their clients. Please note that the owner has stipulated that restaurants or food providers are not permitted due to parking capacity limitations. Prospective tenants are responsible for obtaining a Business Occupancy Permit from the Town of Centreville. Any planned alterations to the property require a building permit, and both the business use and any proposed alterations must receive prior approval from the property owner before permit applications are submitted. Detailed information regarding the application process for both permits can be found on the Town of Centreville website. This is a fantastic chance to establish a business in a thriving and accessible location. Inquire today to learn more about this exciting opportunity.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1978
Construction BRICK
Total area 3,300 SF
Lot 0.62 ac (27,094 SF)
Zoning code C-1
APN 03-003426
UPID US40-2231664
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
  • Old Courthouse Distilling Brewery & Distillery Bar & Pub
  • Tri County Office Equipment Electrical Service Computer & Electronic Repair
  • White Glove Drug & Alcohol Testing, Inc Drug Testing Service
  • Bull & Goat Brewery Production Facility Brewery & Distillery
  • Ridgely C Kelly Cabinet Maker General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Capital Asset Group LLC · 22 yrs held
Capital Asset Group LLC
since 2004
2 recorded transactions
2004
$377,500
2003
Price N/A
Zoning & alternative use
C-1 · Centreville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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