Property profile

520 Ridgeville Blvd Mount Airy, MD 21771

OFF-MARKET
Strip malls
Property ID
US40-1675664
10,738 SF 1.89 ac lot Built 1997
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a retail space totaling approximately 2,108 square feet located in Mt. Airy, Maryland, in Carroll County, near the interchange of Route 27 and I-70. It is situated within a shopping center that features a traffic signal at the entrance, providing controlled vehicular access. The center supports pylon signage.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,738 SF
Lot 1.89 ac (82,328 SF)
Zoning code CC
APN 13-030766
UPID US40-1675664

Cap rate & NOI

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

Location

520 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
by Request
Blend (final) Blend
$4.13M

Owner & transaction history

since 2020
Last sale
$4.2M
5 recorded transactions
2020
$4.2M
2016
$2.4M
2013
$4.6M
2012
$4.7M
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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