Industrial Flex Site with
For Sale
Contact for pricing
8045 Snouffer School Rd, Gaithersburg, MD 20879
Vacant industrially zoned site includes a warehouse with two drive-ins, 16-foot ceilings, and a separate office building.
Property Size6,200 SF
Lot Size1.36 Acres
Price / SF$338.71
Days on Market498
Property Features for 8045 Snouffer School Rd
General Information
Standard status
Active
Size
6,200 SF
Lot size
1.36 Acres
Property subtype
LAND
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
2
Listing Agency:
Greysteel - Corporate
(703) 314-7762
Listed By:
Zach Benlemlih · License #DC#SP200205686
(703) 314-7762
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Jul 27
Last Checked: Jul 30 at 11:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greysteel - Corporate
Investment Insights
Based on property information with market context.
This industrially zoned site offers a flexible combination of warehouse and office space plus outdoor storage. The property includes a 4,000 SF warehouse with 16’ ceiling heights and two drive-ins, along with a separate 2,200 SF office building to support business operations on-site.
The site is located in Gaithersburg’s industrial corridor, with convenient access to major transportation routes including I-270 (4 miles), MD-370 (2.5 miles), and MD-355 (3 miles). The property is also adjacent to the Montgomery County Airpark.
The property will be delivered vacant upon sale, allowing for straightforward repositioning or immediate occupancy by an owner-user.
The site is located in Gaithersburg’s industrial corridor, with convenient access to major transportation routes including I-270 (4 miles), MD-370 (2.5 miles), and MD-355 (3 miles). The property is also adjacent to the Montgomery County Airpark.
The property will be delivered vacant upon sale, allowing for straightforward repositioning or immediate occupancy by an owner-user.
Key Highlights
- 1.36‑acre industrially zoned site with a 4,000 SF warehouse and a separate 2,200 SF office building
- Warehouse includes 16’ ceiling heights and two drive‑in doors for efficient loading and operations
- Property includes outdoor storage and a versatile office/warehouse/outdoor storage combination
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.6k | $23.64 |
| − Vacancy | −$14.9k | −$2.41 |
| EGI | $131.6k | $21.23 |
| − OpEx | −$46.1k | −$7.43 |
| NOI | $85.6k | $13.80 |
6,200 SF · lease $23.64/SF/yr · vacancy 10.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.22M
$1.07M – $1.43M
NOI $85,552 @ 7.0% cap · market cap 4.07%
Second Best
Warehouse
$1.12M
$983.0K – $1.31M
NOI $78,642 @ 7.0% cap · market cap 3.74%
Theoretical Best
Specialty Retail
$2.18M
$1.91M – $2.54M
NOI $152,671 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 20879, MD
26,176
Population
9,008
Households
2.9
Avg Household Size
37
Median Age
42%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,044
Density / Sq Mi
$105,109
Median Household Income
$49,269
Median Earnings
$1,895
Median Rent
$433,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Spilled Milk Catering — 18911 Premiere Ct, Gaithersburg, MD 20879
- Delicious Gourmet — 7840 Beechcraft Ave, Gaithersburg, MD 20879
- Papa's Bistro Catering — 7813 Airpark Rd, Gaithersburg, MD 20879
- Catering & Chocolate — 18911 Premiere Ct, Gaithersburg, MD 20879
- My Cup Runneth Over Southern Cuisine LLC (Carry-Out) — 8405 Snouffer School Rd, Gaithersburg, MD 20879
Frequently Asked Questions
What type of property is this?
Flex space - Vacant industrially zoned site includes a warehouse with two drive-ins, 16-foot ceilings, and a separate office building.
Where is this flex space located?
The property is located at 8045 Snouffer School Rd Gaithersburg, MD.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 1.36‑acre industrially zoned site with a 4,000 SF warehouse and a separate 2,200 SF office building; Warehouse includes 16’ ceiling heights and two drive‑in doors for efficient loading and operations; Property includes outdoor storage and a versatile office/warehouse/outdoor storage combination
