26315-26317 Ridge Rd

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26315-26317 Ridge Rd

Damascus, MD 20872
Asking Price
$500K
Asset Type
Traditional Office Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property spans 4045 square feet of usable space.
  • Current asset classification functions as traditional office and retail.
  • Located on Ridge Road in Damascus Maryland 20872.
  • Offered for sale at a price of 500000 dollars.
  • Site offers versatility for office or retail professional uses.

What's Special

Professional services or retail operations seeking a strategic foothold in Damascus will find this 4045-square-foot traditional office and retail space well-positioned for visibility. Situated along Ridge Road, the property benefits from the established commercial activity within this Montgomery County community. The layout provides flexibility for businesses requiring a combination of private offices and storefront access, serving the needs of the surrounding residential population. Damascus maintains a stable suburban environment, characterized by its proximity to larger economic hubs in the Washington metropolitan area while retaining a distinct local identity. Investors and owner-occupiers can capitalize on this accessible location to establish a consistent presence. The site presents a functional footprint for medical practices, legal services, or local retail ventures looking to capture consistent local foot traffic in a growth-oriented corridor. With its clear utility for professional users, this asset supports diverse operational requirements in a key suburban Maryland market.

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274

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