Property profile

2611 Olney Sandy Spg Rd Olney, MD 20832

OFF-MARKET
Assisted living facilities
Property ID
US40-1548746
61,578 SF 4.8 ac lot Built 2012
Entity Owned 6-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2012
Total area 61,578 SF
Lot 4.8 ac (209,088 SF)
Zoning code RE2
APN 08-03680527
UPID US40-1548746

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
  • Nursing Home Retirement Community

Location

2611 Olney Sandy Spg Rd Olney, MD 20832-1604
Olney metro Census 701315 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$33.41M

Owner & transaction history

since 2020
Last sale
$34.2M
3 recorded transactions
2020
Price N/A
2015
$34.2M
2011
$3.2M

Zoning & alternative use

RE2 · Olney, MD
Top alternative use upside
Commercial (general) $24.4M +152.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2611 Olney Sandy Spg Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message