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    14816 Physicians Ln Rockville, MD 20850

    For Sale
    $290,000

    900 sq ft, 3 offices, great location

    Property size:
    900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This attractive 900-square-foot office condo, located at 14816 Physicians Lane, Unit 251 in Rockville, Maryland, presents a fantastic investment opportunity. The second-floor unit boasts a desirable corner location and is easily accessible via elevator or stairs. The well-designed layout includes a spacious reception area with a pass-through window, a comfortable waiting area, three private offices, a half bathroom, and convenient utility and mop sinks. A detailed floor plan is available upon request. The unit features its own independent heat pump, air handler, and electric meter, providing tenants with 24/7 access and complete control over their HVAC system. Ample free parking surrounds the building, ensuring convenient access for clients and staff. The property is zoned CR, allowing for a diverse range of uses, including medical, office, and retail. The sale price is $290,000. The monthly condo fee and reserve contribution total $561, and the estimated real estate taxes for 2024-2025 are $3,382. A lease option is also available at $1,950 per month, plus electricity and cleaning. This turnkey property is ready for immediate occupancy and offers significant potential for return on investment.

    Property Features for 14816 Physicians Ln

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    900 SF

    Building Details

    Year Built
    1981
    Property Profile Location Intelligence

    Current Use by Public Records

    Solace Pain Management ... Pain Management Physician Adult and Pediatric Clinic, ... Medical Clinic Dr. Shama Mittal Internist NYS Diagnostics & Supply Medical Laboratory Serenity Spa Day Spa

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    MONTGOMERY
    State
    Maryland
    Longitude
    -77.21107
    Latitude
    39.09996

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    FAQs

    What type of property is this?
    Office Property / Space - 900 sq ft, 3 offices, great location
    Where is this office property / space located?
    The property is located at 14816 Physicians Ln Rockville, MD.
    What is the asking price?
    The asking price for this property is $290,000.
    (301) 530-6085
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    14816 Physicians Ln Rockville, MD 20850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14816 Physicians Ln Rockville, MD 20850
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