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    966 Hungerford Dr Rockville, MD 20850

    For Sale
    $429,900

    1500 sq ft Office, Low Condo Fees

    Property size:
    1,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 1500-square-foot office condo is ideally situated in Rockville, Maryland, at 966 Hungerford Drive, Unit A-10. The property boasts a prime location, offering unparalleled convenience and accessibility. Its front unit position ensures high visibility and easy access. A significant advantage is the low condo fee, making this an attractive investment opportunity. The unit is currently subject to existing leases, providing immediate income potential for investors. The property's proximity to Montgomery College is a key benefit, providing a large pool of potential clients and employees. This location offers excellent visibility and accessibility, making it an ideal space for a variety of businesses. The building's design and layout are conducive to a professional office environment. The unit's size is well-suited for a range of business needs, from small startups to established companies. The low condo fee contributes to the overall affordability and strong return on investment potential. This property presents a rare opportunity to acquire a well-located, income-producing office condo in a thriving area of Rockville. The existing leases provide a stable income stream, while the prime location and low condo fees offer significant long-term value. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property is offered at $429,900. The land area associated with this condo is zero acres.

    Property Features for 966 Hungerford Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,500 SF

    Building Details

    Year Built
    1987
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Atlantic Technology Group Telecommunications Service Provider Roembke James E Psychologist Poirier Joseph G ... Psychologist Mary L. Lyon, ... Psychologist Highlife Studios Rockville Recording Studio

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -77.15512
    Latitude
    39.09989

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    FAQs

    What type of property is this?
    Office Property / Space - 1500 sq ft Office, Low Condo Fees
    Where is this office property / space located?
    The property is located at 966 Hungerford Dr Rockville, MD.
    What is the asking price?
    The asking price for this property is $429,900.
    (301) 516-1212
    Request Owner's contact information
    966 Hungerford Dr Rockville, MD 20850
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    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
    966 Hungerford Dr Rockville, MD 20850
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