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Three-Building Office Campus
For Sale
$2,950,000

13-15 E DEER PARK E, Gaithersburg, MD 20877

Commercial Sale, GAITHERSBURG, MD

Property SizeContact for details
Lot Size1.36 Acres
Days on Market143

Property Features for 13-15 E DEER PARK E

General Information

Property type Other
Property subtype Office
Parking 50
Parking features Parking Lot
Subdivision DEER PARK
High school GAITHERSBURG
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 1.36 Acres

Taxes and HOA fees

Tax Annual Amount 37595

Utilities

Heating system Heat Pump (Heating), Forced Air
Cooling system Heat Pump, Central Air

Building Details

Year built 1970
Number of units 1
Building materials Combination, Brick
Listing Agency: RE/MAX Realty Centre, Inc. · RE/MAX International
Listed By: J. Larry Galey · License #5299
Added: Apr 24 Changed: Sep 13 Last Checked: Sep 13 at 4:06AM
MLS# MDMC2228642

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property consists of three buildings on a 1.36-acre campus. Built in 1970, the improvements feature combination and brick construction, forced-air and heat-pump heating, central air and heat-pump cooling, and a dedicated parking lot. RB zoning permits adaptive reuse and allows a maximum building footprint of 17,847 square feet, subject to City of Gaithersburg approval. The campus is approximately 60% leased, with occupancy projected to reach 80% within the next 60 days.

The property is situated along North Frederick Avenue, providing exposure to high traffic volumes and curb visibility. It is near the MARC train station, Olde Town Gaithersburg, the Shady Grove Metro, the ICC, and the I-270 corridor. The East Deer Park campus may support development of up to 34 two-over-two condominium units, subject to city approval.

Key Highlights

  • Three‑building office campus on 1.36 acres
  • RB zoning permits adaptive reuse, subject to City of Gaithersburg approval
  • Maximum building footprint of 17,847 square feet

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Catering Service Tanning Salon Nursing Home Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

60%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 20877, MD

37,577
Population
13,599
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
76%
High-School Grad
5.6 sq mi
ZIP Area
6,710
Density / Sq Mi
$86,103
Median Household Income
$39,341
Median Earnings
$1,862
Median Rent
$462,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - RB zoning allows adaptive reuse, subject to City of Gaithersburg approval.
Where is this office building located?
The property is located at 13-15 E DEER PARK E Gaithersburg, MD.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Three‑building office campus on 1.36 acres; RB zoning permits adaptive reuse, subject to City of Gaithersburg approval; Maximum building footprint of 17,847 square feet
More about this property
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