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    26901 Clarksburg Rd Damascus, MD 20872
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    Property profile & analytics

    26901 Clarksburg Rd Damascus, MD 20872

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    • Commercial real estate
    Off-Market
    Property ID
    US40-0888069
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 26901 Clarksburg Rd

    Property type
    Commercial real estate

    Description

    This 1.5-acre residential lot in Damascus, Maryland, presents a unique investment opportunity. Located at 26901 Clarksburg Rd, Damascus, MD 20872, the property is zoned for residential use and offers a fee-simple ownership. The lot size is a substantial 65,340 square feet, providing ample space for development or renovation. The existing structure is a three-bedroom, one-bathroom home requiring significant rehabilitation. Features include a living room, den/study, eat-in kitchen, and a rear porch. Outbuildings include a workshop, chicken coops, and a smokehouse. The property boasts a tranquil setting, backing to woods and farmland, offering scenic views. The property is being sold "as-is." The asking price is $410,000. The property's convenient location offers easy access to Frederick, Clarksburg, and Damascus, as well as major commuting routes. Owner financing may be available. This property is ideal for buyers seeking a fixer-upper with significant potential in a desirable location. The property is situated in Montgomery County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Damascus
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2582173
    Latitude
    39.2972992

    Comparable in this City

    • $214,000

      Updated Condo in Damascus Gardens

      Charming 2-bedroom condo with updated features and convenient location.
      26008 Brigadier Pl, Damascus, MD 20872
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    • $474,900
      2,750 SF

      Commercial Property with Retail Overlay

      Two structures on 1 acre with neighborhood retail overlay.
      26500 Clarksburg Rd, Damascus, MD 20872
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    • $299,900

      Damascus Buildable Lot Opportunity

      5.01+/- acre buildable lot near major commuter routes.
      28010 Ridge Rd, Damascus, MD 20872
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    • New
      $289,000
      6.00 Acres

      6-Acre Lot in Damascus, MD

      Beautiful 6-acre lot with creek near downtown Damascus.
      Gue Rd, Damascus, MD 20872
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    • $245,000

      Two Acre Buildable Lot

      Two-acre parcel suitable for building with nearby utilities.
      11027 Locust Dr, Damascus, MD 20872
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    Similar Nearby for Sale

    • $214,000

      Updated Condo in Damascus Gardens

      Charming 2-bedroom condo with updated features and convenient location.
      26008 Brigadier Pl, Damascus, MD 20872
      View Details
    • $474,900
      2,750 SF

      Commercial Property with Retail Overlay

      Two structures on 1 acre with neighborhood retail overlay.
      26500 Clarksburg Rd, Damascus, MD 20872
      View Details
    • $299,900

      Damascus Buildable Lot Opportunity

      5.01+/- acre buildable lot near major commuter routes.
      28010 Ridge Rd, Damascus, MD 20872
      View Details
    • $324,900

      Commercial Lot in High-Traffic Area

      Commercial lot in Damascus with high traffic and development potential.
      26530 Ridge Rd, Damascus, MD 20872
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    • $324,900
      0.46 Acres

      Commercial Lot in High-Traffic Area

      Commercial lot in Damascus with high traffic and CRT zoning.
      26530 Ridge Rd, Damascus, MD 20872
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    Similar Nearby for Lease

    • Contact for pricing

      Functional Office Space Available

      Versatile office space with reception, conference room, and bathroom.
      10001 Lewis Dr, Damascus, MD 20872
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    • Contact for pricing

      Versatile Commercial Units Available

      Two units suitable for various commercial uses with parking.
      9865 Main St, Damascus, MD 20872
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    • $1,150 /Mo

      Commercial Space in Damascus, MD

      Commercial space for lease in Damascus Industrial Park.
      10001 Lewis Dr, Damascus, MD 20872
      View Details
    • $1,800 /Mo

      Retail Space in Damascus, MD

      Retail space available for lease in Damascus, Maryland.
      9871 Main St, Damascus, MD 20872
      View Details
    • Contact for pricing

      Damascus Retail Spaces Available

      Retail spaces available, ranging from 1,355 to 5,837 SqFt.
      26075 Ridge Rd, Damascus, MD 20872
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 2,615 to 5,400 square feet.
      26133 Ridge Rd, Damascus, MD 20872
      View Details
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    Damascus, MD 20872
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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