Realmo Analytics

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Financial
Distress signals
Property profile

26225 Ridge Rd Damascus, MD 20872

FOR SALE
Other commercial real estate
Property ID
US40-1024068
979 SF 0.07 ac lot
Last sale Mar 2023
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This second-floor office condominium features a practical interior layout with private offices and an open work area, configured for day-to-day office use. The space is within a condominium ownership structure and has a stated total area of 979 square feet. It is suited for office occupancy and is presented as space that can be used under sale or lease arrangements, with utilities and cleaning typically handled separately from rent.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$133k
Effective rate1.32%

Value estimate

· Oct 2026
$235k
$212k – $259k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$3k
Operating expenses−$4k
NOI · 7.04% cap applied$12k

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$349/SF
County average, outlier-cleaned · 476 recorded sales of this use type
Observed band · Q1–Q3$190 – $548
Qualifying comparables23

Cap rate analysis

How does the asset earn?
7.04%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.2
Parking Facility10.7
Law Firm10.4

Location

26225 Ridge Rd Damascus, MD 20872
County assessor Recorded deeds · 1 transfer 23 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
10001 Lewis Dr Ste, Damascus, MD 20872-1721 $302,000 Mar 2024 1,545 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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