Property profile

711 Eastern Ave Fairmount Heights, MD 20743

FOR SALE
Commercial land
Property ID
US40-2358535
1,580 SF 0.28 ac lot Built 1940
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1940
Construction BRICK
Total area 1,580 SF
Lot 0.28 ac (12,098 SF)
Zoning code CGO
APN 18-2084788
UPID US40-2358535

Cap rate & NOI

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

Location

711 Eastern Ave Fairmount Heights, MD 20743
Fairmount Heights metro Census 803001 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2020
Last sale
$239,900
5 recorded transactions
2021
Price N/A
2020
$239,900
2005
$223,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CGO · Fairmount Heights, MD
Zoning description

The purposes of the Commercial, General and Office (CGO) Zone are to provide lands for a diverse range of business, civic, and mixed use development, typically at or near major intersections where visibility and good acc…

General category MIXED_USE

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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