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    973-975 Russell Ave Gaithersburg, MD 20879

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    For Sale
    $299,000

    1,267 SF office suite with private entrance for sale.

    Property size:
    1,267 SF
    Lot size:
    4.05 Acres

    Property Features for 973-975 Russell Ave

    General Information

    Size
    1,267 SF
    Lot size
    4.05 Acres

    Source: Jay Clogg Realty Group, Inc. Agent Jay Clogg

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

    Overview

    Second Floor Office Suite

    This is a 1,267 square feet office suite available for sale. The second-floor suite is accessed by a private stairwell, ensuring no shared entrance. The layout includes a reception area, a conference room, two private offices, an open work area, a kitchenette, and two restrooms. The property is located off I-270 and Route 355, behind Costco, and offers abundant free parking. Real estate taxes for the period of July 1, 2024, to June 30, 2025, are $3,844.92.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gaithersburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2147986
    Latitude
    39.1596253

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    FAQs

    What type of property is this?
    Office space - 1,267 SF office suite with private entrance for sale.
    Where is this office space located?
    The property is located at 973-975 Russell Ave Gaithersburg, MD.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Private second-floor suite with no shared entrance.; - Functional layout includes reception, conference room, 2 private offices, open work area, kitchenette, and 2 restrooms.; - Convenient location off I-270 and Route 355, behind Costco.
    (301) 340-9400
    Request Owner's contact information
    973-975 Russell Ave Gaithersburg, MD 20879
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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
    973-975 Russell Ave Gaithersburg, MD 20879
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