Property profile

40835 Merchants Ln Leonardtown, MD 20650

OFF-MARKET
Retail space
Property ID
US40-1208087
1,942 SF 0.6 ac lot Built 2005
Entity Owned 22-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,942 SF
Lot 0.6 ac (26,275 SF)
Zoning code C
APN 03-064492
UPID US40-1208087

Cap rate & NOI

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

Location

40835 Merchants Ln Leonardtown, MD 20650-3760
Leonardtown metro Census 875400 CALIFORNIA-LEXINGTON PARK, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2003
3 recorded transactions
2003
$750,000
1969
Price N/A
1969
Price N/A

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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