3333 Olney Sandy Spg Rd Olney, MD 20832-1448
Property profile & analytics
3333 Olney Sandy Spg Rd Olney, MD 20832-1448
- Retail space
- 12,100 SF
- 1.04 lot acres
Property ID
US40-0110485
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.
Location Intelligence
Current Use by Public Records
- Five Guys / Restaurant / Take-out & Catering
- Chipotle Mexican Grill / Restaurant
- The Merch God / Clothing Store
Property Details for 3333 Olney Sandy Spg Rd
- Year built
- 1987
- Construction
- BRICK
- Lot size
- 1.04 lot acres
- Property size
- 12,100 SF
- Zone code
- CRT2.
- Property type
- Retail space
- APN
- 08-01994572
- APU
- 801994572
Description
This exceptional retail opportunity is located at the highly visible signalized intersection of Route 108 and Route 97 in Olney, Maryland. Two spaces are available, ranging from 2,630 to 2,932 square feet, offering excellent potential for a variety of retail businesses. The property benefits from exceptional signage opportunities, ensuring high visibility and attracting significant foot traffic. This prime location boasts strong co-tenancy with established and successful businesses, including a recently renewed Chipotle (ten-year lease) and a Five Guys, guaranteeing a steady flow of customers. The multiple tenancy structure provides flexibility and allows for a diverse range of businesses to thrive in this vibrant commercial hub. The property's strategic placement at a major intersection ensures maximum exposure to a large and diverse customer base. This is an ideal location for businesses seeking high visibility, strong co-tenancy, and a thriving commercial environment in the bustling Olney community. The spaces are ready for immediate occupancy, presenting a unique opportunity to establish a successful retail presence in a high-demand area of Montgomery County. Don't miss this chance to secure your place in this thriving retail center.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,635,000
- 6.5%
- $4,280,000
- 7%
- $3,975,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $5,765,000
- COMMERCIAL (GENERAL)
- $5,475,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Olney
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.0659
- Latitude
- 39.1533
- 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
$57,490
$977,000
$3,866,100
$4,843,100
-
$977,000
$3,866,100
$4,843,100
