Germantown Office Unit For
13231 Executive Park Terrace, Germantown, MD 20874
For Sale
Contact for pricing
Office unit available for purchase in Germantown, Maryland.
Property Size1,000 SF
Price / SF$275
Days on Market1054
Property Features for 13231 Executive Park Terrace
General Information
Standard status
Size
Property subtype
Listing Agency:
Jay Clogg Realty Group Inc
Listed By:
Jay Clogg · License #MD 67699
(301) 340-9400
Source:
Crexi
Added: Dec 20, 2023
Changed: Nov 3
Last Checked: Nov 6 at 6:09AM
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 Jay Clogg Realty Group Inc
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Investment Insights
Based on property information with market context.
A 1,000 square foot office unit is available for sale. The property is located on Executive Park Terrace in Germantown, Maryland.
Key Highlights
- No property information was provided.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,221
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,420
$244.4K
Cap Rate 7%
$174,586
$174.6K
Cap Rate 9%
$135,789
$135.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$19.7K $19.68/SF
− Vacancy
−$3.4K −$3.38/SF
EGI
$16.3K $16.30/SF
− OpEx
−$4.1K −$4.07/SF
NOI
$12.2K $12.22/SF
Area
Montgomery County, MD
Vacancy
17.20%
Lease Rate
$19.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,420
Cap Rate 7%
$174,586
Cap Rate 9%
$135,789
Alternative Uses
Best Use
Office B
$174.6K
$152.8K – $203.7K
NOI $12,221 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$351.8K
$307.8K – $410.4K
NOI $24,624 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,580
Businesses Nearby
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Business Placement
Demographics for 20874, MD
62,908
Population
23,081
Households
2.7
Avg Household Size
37
Median Age
49%
College-Educated
90%
High-School Grad
22.7 sq mi
ZIP Area
2,771
Density / Sq Mi
$109,648
Median Household Income
$57,436
Median Earnings
$1,938
Median Rent
$385,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Montgomery County, MD
Properties on Market for Office Units in Montgomery County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office unit available for purchase in Germantown, Maryland.
Where is this office unit located?
The property is located at 13231 Executive Park Terrace Germantown, MD.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: No property information was provided.
