Property profile

40845 Merchants Ln Leonardtown, MD 20650

OFF-MARKET
Grocery and convenience stores
Property ID
US40-2310091
43,646 SF 14.81 ac lot Built 2000
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 43,646 SF
Lot 14.81 ac (645,124 SF)
Zoning code CH
APN 03-023168
UPID US40-2310091

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
  • Ophthalmologist
  • (Bike/Boat/Book/etc) Store Pet Store & Service
  • Shopping Center & Mall
  • Grocery & Convenience Store Food Market
  • Courier Service Postal Service

Location

40845 Merchants Ln Leonardtown, MD 20650-3767
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
$3.58M

Owner & transaction history

since 2016
5 recorded transactions
2023
Price N/A
2016
$10.3M
2016
$10.3M
2000
$400,000
1969
Price N/A

Zoning & alternative use

CH · 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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