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    Property profile & analytics

    3110 Olney Sandy Spg Rd Olney, MD 20832-1408

    • Community centers
    • 34,658 SF
    • 2.99 lot acres
    OFF-MARKET
    Value Estimation
    $1,940,000
    Last Sale
    Jun 24, 2022
    $1,950,000
    Location Intelligence
    Property ID
    US40-1533350
    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.

    Current Use by Public Records

    • CVS Photo / Passport Photo Processor / Digital Printer
    • Cardtronics ATM / Atm
    • CVS / Stationery Store / Vitamin & Supplements Store
    • Buy Bitcoin / Crypto Atm
    • MoneyGram / Money Transfer Service

    Property Details for 3110 Olney Sandy Spg Rd

    Year built
    1997
    Construction
    BRICK
    Lot size
    2.99 lot acres
    Property size
    34,658 SF
    Zone code
    CRT2.
    Property type
    Community centers
    APN
    08-02907423
    APU
    802907423

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,850,000
      6.5%
      $2,000,000
      7%
      $2,065,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,680,000
      Geo Method
      $2,000,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,765,000
      Retail
      $1,845,000
      Mixed-Use
      $2,070,000
      Hospitality
      $2,075,000
      Educational
      $2,285,000
      Residential Income
      $2,035,000
      Energy
      $2,090,000
      Income-Based Land
      $1,735,000
      Food Service
      $1,975,000

    Location Insight

    • Map
    • Local Demand
    City
    Olney
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0639
    Latitude
    39.151
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $162,829
    $0.00
    $0.00
    $13,815,400
    -
    $3,125,800
    $10,995,600
    $14,121,400

    Comparable in this City

    • Value Estimation by Request
      58,437 SF

      3410 Olney Laytonsville Rd

      MINI-MALL • 58,437 SF
      3410 Olney Laytonsville Rd, Olney, MD 20832-1734
      View Details
    • Value Estimation by Request
      7,865 SF

      18209 Hillcrest Ave

      SHOPPING CENTER, STRIP CENTER • 7,865 SF
      18209 Hillcrest Ave, Olney, MD 20832-1422
      View Details
    • Value Estimation
      $670,000
      9,001 SF

      3215 Spartan Rd

      SHOPPING CENTER, STRIP CENTER • 9,001 SF
      3215 Spartan Rd, Olney, MD 20832
      View Details
    • Value Estimation by Request
      4,243 SF

      18010 Georgia Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,243 SF
      18010 Georgia Ave, Olney, MD 20832-2238
      View Details
    • Value Estimation by Request
      7,508 SF

      17336 Georgia Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,508 SF
      17336 Georgia Ave, Olney, MD 20832-2432
      View Details
    • Value Estimation by Request
      6,072 SF

      5420 Olney Laytonsville Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,072 SF
      5420 Olney Laytonsville Rd, Olney, MD 20832-1914
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.20 Acres

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      Olney Laytonsville Road Property

      Property for sale on Olney Laytonsville Road, Maryland.
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      Contiguous Office Condominiums For Sale

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    Similar Nearby for Lease

    • Contact for pricing
      829 SF

      Olney Mixed-Use Retail Space

      Retail and restaurant spaces available in Olney Shopping Center.
      3410 Olney Laytonsville Rd, Olney, MD 20832
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    • $20 SF/Yr
      6,000 SF

      Warehouse, Flex & Retail Space

      Warehouse, flex, and retail space for lease on Georgia Ave.
      16650 Georgia Ave, Olney, MD 20832
      View Details
    • $6,500 /Mo

      Olney Retail/Office Space Available

      Retail and office space for lease in Olney, Maryland.
      17902 Georgia Ave, Olney, MD 20832
      View Details
    • Contact for pricing
      1,172 SF

      Shoppes of Olney Retail Space

      High-visibility retail space available in Olney, MD.
      3110-3140 Olney Sandy Spring Rd, Olney, MD 20832
      View Details
    • Contact for pricing
      13,390 SF

      Olney Retail Space Available

      Retail property available for lease in Olney, Maryland.
      18330 Village Center Dr, Olney, MD 20832
      View Details
    • $5,788 /Mo

      Olney Office Space For Lease

      Office space in Olney town center with first-class finishes.
      3300 Olney Sandy Spring Rd, Olney, MD 20832
      View Details
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    Olney, MD 20832-1408
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    Realmo Value Estimation

    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.

    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.

    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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