Property profile

40824 Merchants Ln Leonardtown, MD 20650

OFF-MARKET
Drive through restaurants
Property ID
US40-1400140
3,390 SF 0.56 ac lot Built 2001
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2001
Construction WOOD
Total area 3,390 SF
Lot 0.56 ac (24,445 SF)
Zoning code C
APN 03-064476
UPID US40-1400140

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

40824 Merchants Ln Leonardtown, MD 20650-3772
Leonardtown metro Census 875400 CALIFORNIA-LEXINGTON PARK, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2016
3 recorded transactions
2023
Price N/A
2016
$252,222
2016
$10.3M

Zoning & alternative use

C · Leonardtown, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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