Property profile

502 Ridgeville Blvd Mount Airy, MD 21771

OFF-MARKET
Grocery and convenience stores
Property ID
US40-1552568
3,160 SF 1 ac lot Built 1997
Individually Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,160 SF
Lot 1 ac (43,554 SF)
Zoning code CC
APN 13-030758
UPID US40-1552568

Cap rate & NOI

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

Location

502 Ridgeville Blvd Mount Airy, MD 21771-5252
Mount Airy metro Census 513002 BALTIMORE-TOWSON, 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
$1.06M
Blend (final) Blend
$1.64M

Owner & transaction history

since 2018
6 recorded transactions
2018
Price N/A
2017
$1.9M
2017
Price N/A
2014
$1.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Mount Airy, MD
Zoning description

Article V Provisions Governing Commercial Districts § 112-37 LC Limited Commercial District. § 112-37.1 Downtown Zone (DTZ). § 112-37.2 Mixed Use District (MXD). § 112-38 NP Neighborhood Professional District. § 112-39 C…

General category COMMERCIAL

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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