205 Center St, Mount Airy, MD 21771
- Medical Office Space
- 28,656 SF
- 1.63 lot acres
Current Use by Public Records
- Medical Office Space
Property Details for 205 Center St
- Year built
- 2009
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.63 lot acres
- Zone code
- CC
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 13-014647
- APU
- 13014647
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 23, 2005 | $725,000 | Toll House Leasing LLC | Dennis,doris J | Grant Deed | $580k · Farmers & Mechanics Bank |
| — | — | Toll House Leasing LLC | — | Deed Of Trust · related | $4.4M · Pnc Bank |
| — | — | Toll House Leasing LLC | — | Deed Of Trust · related | $3.4M · Pnc Bank |
Description
This three-story, 28,656 square foot free-standing building in Mt. Airy, MD, sits on 1.63 acres of land and offers multiple occupancy options. Currently housing a diverse mix of tenants including medical offices, a police station, and other businesses, it generates approximately $307,000 in annual revenue. The building features 3 suites, with 14,752 square feet currently vacant, offering spaces ranging from 4,700 to 9,552 contiguous square feet. Built in 2009, this Class B property boasts a Commercial Industrial zoning designation, allowing for a variety of uses, including retail on the ground floor. Its strategic location in downtown Mt. Airy provides easy access to I-70 and Route 27, and serves a highly educated and affluent population. The area's strong healthcare market, valued at $152 million, makes this property particularly well-suited for medical practices. The property's demographics are impressive, with 95% of the population within a 10-minute drive having a high school education or higher, and a median income of $126,633. This presents a compelling investment opportunity in a thriving Carroll County community.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,154,000
Market price range: $2.15M - $4.49M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $3,335,000 Current use
- COMMERCIAL (GENERAL)
- $3,445,000 Change: +3% Conversion: Easy
- RESTAURANT
- $3,060,000 Change: -8% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Mount Airy
- County
- Carroll
- State
- Maryland
- Longitude
- -77.1526
- Latitude
- 39.3759
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
