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    Property profile & analytics

    5420 Olney Laytonsville Rd Olney, MD 20832-1914

    • Retail space
    • 6,072 SF
    • 3.83 lot acres
    OFF-MARKET
    Value Estimations
    $990,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0643698
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mr Mulch Mr Topsoil / Landscaping / General Contractor
    • The National Retina Institute, A Katzen Eye Group Practice / Ophthalmologist
    • Eye Doctors of Washington / Physician / Ophthalmologist
    • Dr. Olga Shif / Ophthalmologist
    • Mary Catherine Fischer / Ophthalmologist

    Property Details for 5420 Olney Laytonsville Rd

    Year built
    1969
    Construction
    FRAME
    Lot size
    3.83 lot acres
    Property size
    6,072 SF
    Zone code
    CRT02
    Property type
    Retail space
    APN
    08-00711680
    APU
    800711680

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Olney
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.11
    Latitude
    39.1819
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,416
    $0.00
    $0.00
    $638,700
    -
    $550,500
    $107,200
    $657,700

    Comparable in this City

    • Value Estimation
      $1,720,000
      10,560 SF

      18115 Georgia Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,560 SF
      18115 Georgia Ave, Olney, MD 20832-1439
      View Details
    • Value Estimation
      $1,910,000
      5,925 SF

      16650 Georgia Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,925 SF
      16650 Georgia Ave, Olney, MD 20832-2418
      View Details
    • Value Estimation
      $6,175,000
      5,850 SF

      18062 Georgia Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,850 SF
      18062 Georgia Ave, Olney, MD 20832-2238
      View Details
    • Value Estimation by Request
      992 SF

      17906 Georgia Ave

      RETAIL STORES (PERSONAL SERVICES) • 992 SF
      17906 Georgia Ave, Olney, MD 20832-2236
      View Details
    • Value Estimation
      $40,250,000
      98,025 SF

      18330 Vlg Ctr Dr

      RETAIL STORES (PERSONAL SERVICES) • 98,025 SF
      18330 Vlg Ctr Dr, Olney, MD 20832-1426
      View Details
    • Value Estimation
      $1,385,000
      2,160 SF

      3500 Emory Church Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,160 SF
      3500 Emory Church Rd, Olney, MD 20832
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.20 Acres

      Olney Retail Space - Prime Location

      High-visibility retail space, 0.2-acre lot.
      18035 Georgia Ave, Olney, MD 20832
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    • $1,300,000
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      Olney Office Condos: 3,706 SF

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      Olney Specialty Property For Sale

      Specialty property available for purchase in Olney, Maryland.
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      Olney Laytonsville Land Opportunity

      Land available on Olney Laytonsville Road, Olney, Maryland.
      5011 Olney Laytonsville Rd, Olney, MD 20832
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      Olney Specialty Property For Sale

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      Olney Specialty Property For Sale

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    Similar Nearby for Lease

    • $6,500 /Mo

      Olney Retail/Office Space Available

      Retail and office space for lease in Olney, Maryland.
      17902 Georgia Ave, Olney, MD 20832
      View Details
    • $20 SF/Yr
      6,000 SF

      Warehouse, Flex & Retail Space

      Warehouse, flex, and retail space for lease on Georgia Ave.
      16650 Georgia Ave, Olney, MD 20832
      View Details
    • Contact for pricing
      1,172 SF

      Shoppes of Olney Retail Space

      High-visibility retail space available in Olney, MD.
      3110-3140 Olney Sandy Spring Rd, Olney, MD 20832
      View Details
    • Contact for pricing
      13,390 SF

      Olney Retail Space Available

      Retail property available for lease in Olney, Maryland.
      18330 Village Center Dr, Olney, MD 20832
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    • Contact for pricing
      829 SF

      Olney Mixed-Use Retail Space

      Retail and restaurant spaces available in Olney Shopping Center.
      3410 Olney Laytonsville Rd, Olney, MD 20832
      View Details
    • $1,845 /Mo

      Olney Office Space For Lease

      Full-service Olney office building with modern finishes available for lease.
      3300 Olney Sandy Spring Rd, Olney, MD 20832
      View Details
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    5420 Olney Laytonsville Rd
    Olney, MD 20832-1914
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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