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    Property profile & analytics

    3333 Spartan Rd Olney, MD 20832-2333

    • Grocery and convenience stores
    • 59,387 SF
    • 3.92 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-0837772
    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

    • Safeway Parking / Parking Lot
    • FedEx OnSite / Mailing Service
    • Safeway / Wine Store
    • Safeway Pharmacy / Vitamin & Supplements Store / Pharmacy
    • Julia G. White, RPh / Pharmacy

    Property Details for 3333 Spartan Rd

    Year built
    2012
    Construction
    BRICK
    Lot size
    3.92 lot acres
    Property size
    59,387 SF
    Zone code
    CRT2.
    Property type
    Grocery and convenience stores
    APN
    08-01760390
    APU
    801760390

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olney
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0649
    Latitude
    39.1506
    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
    $319,803
    $0.00
    $0.00
    $25,171,200
    -
    $3,486,900
    $21,837,100
    $25,324,000

    Comparable in this City

    • Value Estimation
      $10,600,000
      39,787 SF

      17821 Georgia Ave

      GROCERY, SUPERMARKET • 39,787 SF
      17821 Georgia Ave, Olney, MD 20832-2233
      View Details
    • Value Estimation by Request
      52,940 SF

      18100 Town Ctr Dr

      GROCERY, SUPERMARKET • 52,940 SF
      18100 Town Ctr Dr, Olney, MD 20832-1480
      View Details
    • Value Estimation by Request
      2,640 SF

      18120 Georgia Ave

      CONVENIENCE STORE • 2,640 SF
      18120 Georgia Ave, Olney, MD 20832-1440
      View Details
    • Value Estimation by Request
      5,620 SF

      18065 Georgia Ave

      CONVENIENCE STORE • 5,620 SF
      18065 Georgia Ave, Olney, MD 20832-2282
      View Details
    • Value Estimation by Request
      10,560 SF

      18115 Georgia Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,560 SF
      18115 Georgia Ave, Olney, MD 20832-1439
      View Details
    • Value Estimation by Request
      1,935 SF

      17920 Georgia Ave

      FINANCIAL BUILDING • 1,935 SF
      17920 Georgia Ave, Olney, MD 20832-2289
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.20 Acres

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      High-visibility retail space, 0.2-acre lot.
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      3,706 SF

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      Olney Specialty Property For Sale

      Specialty property available for purchase in Olney, Maryland.
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      Olney Specialty Property For Sale

      Specialty property available for purchase in Olney, Maryland.
      18026 Ohara Cir, Olney, MD 20832
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      Olney Laytonsville Road Property

      Property for sale on Olney Laytonsville Road, Maryland.
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      3,706 SF

      Contiguous Office Condominiums For Sale

      Office condominiums with private offices and open work area available.
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    Similar Nearby for Lease

    • $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
    • 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
      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

    Property Visit Statistics

    • Visits by month
      97.3k
    • Visitors by month
      42.2k
    • Avg Time on site
      21 min
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    3333 Spartan Rd
    Olney, MD 20832-2333
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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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