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Updated End-Unit Office Condo
New
For Sale
$495,000

8937 SHADY GROVE Court, Gaithersburg, MD 20877

Commercial Sale, GAITHERSBURG, MD

Property SizeContact for details
Days on Market5

Property Features for 8937 SHADY GROVE Court

General Information

Property type Other
Property subtype Office
Parking features Parking Lot
Subdivision SHADY GROVE PROFESSIONAL CENTER
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active

Taxes and HOA fees

Tax Annual Amount 4863

Utilities

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

Building Details

Year built 1996
Number of units 1
Building materials Brick
Listing Agency: Prostage Realty, LLC
Listed By: Min Zhang · License #677880
Added: Aug 27 Changed: Aug 29 Last Checked: Aug 31 at 7:06PM
MLS# MDMC2252754

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 end-unit office condominium in Shady Grove Professional Park was built in 1996 with brick construction and has been updated with custom interior finishes. The layout includes five private offices, a conference room, reception area with built-in desk, kitchenette, laundry, storage, and a powder room on each level. Central air and heat-pump systems serve the property.

The office is positioned near I-270, ICC/Rte 200, and I-495, with a parking lot available for staff and clients. The property is currently occupied by a tenant who wishes to remain, with lease terms subject to negotiation. Showings are available by appointment only.

Key Highlights

  • End‑unit office condo in Shady Grove Professional Park
  • Five private offices plus a conference room and reception area
  • Updated interior with custom trim and built‑in wall file systems

Property Analytics

Current Use

RE/MAX Realty Services Real Estate Agency Congressional Group LLC Construction Company Rudden|Bobruska Team, Re/Max ... Real Estate Agency Colibri Life Law Firm Rudden Real Estate ... Real Estate Agency

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Tanning Salon Mobile Phone Store

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,714
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

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 units - Flexible professional layout with private offices, meeting space, kitchenette, laundry, storage, and on-site parking.
Where is this office units located?
The property is located at 8937 SHADY GROVE Court Gaithersburg, MD.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: End‑unit office condo in Shady Grove Professional Park; Five private offices plus a conference room and reception area; Updated interior with custom trim and built‑in wall file systems
More about this property
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