18200 Hillcrest Ave - Office FOR SALE


Olney, MD 20832
$850,000 USD
410-952-9444
18200 Hillcrest Ave, Olney, MD for Sale
$850,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

18200 Hillcrest Ave
Olney, MD 20832


HIGHLIGHTS

  • CRT zoning accommodates a range of commercial uses and future redevelopment options.
  • Convenient access to ICC, I-270, and I-95, ensuring excellent connectivity across Montgomery County and Washington, D.C.
  • Located within a dense retail hub surrounded by national brands and strong daily traffic.
  • On-site parking available to support business operations.
  • Established trade area with average household income exceeding $170,000 within a five-mile radius.
  • Historic character with flexible interior layout for office or service-oriented occupancy.

OVERVIEW

This .26-acre property at 18200 Hillcrest Avenue in Olney, Maryland offers a unique redevelopment or owner-occupant opportunity in a well-connected suburban market. Zoned CRT, the site supports a variety of commercial uses and is improved with a two-level building totaling approximately 2,620 rentable square feet along with on-site parking. The property’s location within the heart of Olney’s retail and service corridor provides strong visibility and walkability. Positioned near major transportation routes, including the Intercounty Connector (ICC), I-270, and I-95, the property offers direct commuter access across Montgomery County and into Washington, D.C., making it highly accessible for both patients, customers, and employees. The surrounding neighborhood features a dense mix of commercial amenities, national retailers, and dining establishments, all within minutes from the property. An affluent demographic base, with average household income of $171,872 within a short radius, enhances both consumer spending and long-term value. Priced at $850,000, this property represents an exceptional investment in a thriving submarket with long-term growth potential.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$324 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,298 SF

ZONING

CRT

APN/PARCEL ID

08-00720946

ASK ABOUT THIS PROPERTY

410-952-9444

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410-952-9444

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