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Property profile & analytics
OFF-MARKET
Drive through restaurants

8831 Chesapeake Ave North Beach, MD 20714-5015

1,368 SF 0.08 ac lot Built 1999
Entity Owned 25-yr Hold Free & Clear
Property ID
US40-1045643
Property summary
AI-generated overview

This established restaurant, Dairy Freeze, is for sale for the first time in over two decades. Located at 8831 Chesapeake Ave in North Beach, Maryland, this 1,368 square foot, single-story building sits on a 0.08-acre lot with prime road frontage. The property boasts over 8,000 cars passing daily, offering excellent visibility and accessibility. Enjoy stunning water views of the Chesapeake Bay. The restaurant features both indoor and outdoor dining areas, a convenient walk-up service window, and two walk-in refrigeration units. A spacious kitchen is adaptable to various culinary concepts. Ample staff parking is available on-site. The sale includes all furniture, fixtures, and equipment, making this a true turnkey opportunity. The property is zoned C and offers a fee simple ownership. Built in 1999, this is a rare chance to acquire a well-established restaurant in the desirable Chesapeake/North Beach area. The asking price is $870,000.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1999
Construction BRICK
Total area 1,368 SF
Lot 0.08 ac (3,500 SF)
Zoning code C
APN 03-168379
UPID US40-1045643
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
R & H PROPERTIES LLC
R & H PROPERTIES LLC
Zoning & alternative use
C · North Beach, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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