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    26005 Ridge Rd Damascus, MD 20872

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    For Sale
    $4,500,000

    Well-located medical office building in downtown Damascus, Maryland.

    Property size:
    10,500 SF
    Lot size:
    0.19 Acres

    Property Features for 26005 Ridge Rd

    General Information

    Size
    10,500 SF
    Lot size
    0.19 Acres

    Source: Colliers | Washington DC Agent Adam Schindler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Building in Damascus

    The property at 26005 Ridge Road is a 10,500 square foot medical office building situated in downtown Damascus. Developed in 1991, it has been occupied by Simmonds/Advantia, an OBGYN practice serving Damascus, northern Montgomery County, and surrounding communities. The property originally accommodated the tenant’s back office, call center, and clinical operations. Located within the Ridgeview Shopping Center at the intersection of Route 27 and Bethesda Church Road, the building occupies a prominent location. Simmonds has recently invested capital in renovating the property and intends to continue serving its community from this location. Advantia has over five years remaining on its lease, and the Damascus location remains one of the most active for the practice. Besides a small office tenant who has recently expanded and signed a long term commitment to the project, the building remains fully occupied by Advantia.
    Insight Report Location Intelligence

    Current Use by Public Records

    Damascus Medical Medical Center O. Lawrence Stitt ... Obstetrician-Gynecologist Lima Redhead, MD Obstetrician-Gynecologist Dr. Jillian Lopiano, ... Doctor Simmonds & Simmonds: All ... Midwife

    Suggested Use

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

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

    Similar Places Nearby

    Paws & Claws Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Damascus
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.211502
    Latitude
    39.281073

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    FAQs

    What type of property is this?
    Medical office - Well-located medical office building in downtown Damascus, Maryland.
    Where is this medical office located?
    The property is located at 26005 Ridge Rd Damascus, MD.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - 10,500 SF medical office building in downtown Damascus.; - Located within the Ridgeview Shopping Center at the intersection of Route 27 and Bethesda Church Road.; - Anchored by Advantia, a preeminent OBGYN practice with over five years remaining on their lease.
    (202) 534-3000
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    Damascus, MD 20872
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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
    26005 Ridge Rd Damascus, MD 20872
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