Four-Bay Warehouse
For Sale
$1,325,000
5707 5707-5709 Arundel Ave, Rockville, MD 20852
Three bays are leased, while one is available for owner occupancy or lease.
Property Size6,170 SF
Price / SF$214.75
Days on Market50
Property Features for 5707 5707-5709 Arundel Ave
General Information
Standard status
Active
Size
6,170 SF
Building Details
Year Built
1982
Listing Agency:
Commercial & Investment Realty Associates, LLC.
(301) 530-6085
Listed By:
Lawrence Rosen · License #5158
Source:
Dhgsells
Added: Jul 13
Changed: Aug 29
Last Checked: Aug 30 at 7:37PM
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 Commercial & Investment Realty Associates, LLC.
Investment Insights
Based on property information with market context.
This 6,170-square-foot warehouse property contains four individual bays, each measuring about 1,600 s.f. The building offers high ceilings, one garage door per bay, a 3' entry door, and a rear exit door for each space. Three bays are currently leased, with the remaining bay available for an owner-user or a new tenant.
Built in 1982, the property includes the warehouse building and an accompanying parking lot at 5707-5709 Arundel Ave in Rockville. It is situated near the intersection of Twinbrook Parkway and Parklawn Drive, providing access to established commercial surroundings in the area.
Built in 1982, the property includes the warehouse building and an accompanying parking lot at 5707-5709 Arundel Ave in Rockville. It is situated near the intersection of Twinbrook Parkway and Parklawn Drive, providing access to established commercial surroundings in the area.
Key Highlights
- 6,170 s.f. warehouse building with four bays
- Each bay measures about 1,600 s.f. and has high ceilings
- Three bays are leased; one bay will be delivered vacant
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,262
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,565,240
$1.6M
Cap Rate 7%
$1,118,029
$1.1M
Cap Rate 9%
$869,578
$869.6K
Market Conditions
NOI Build-Up for 6,170 SF
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.
Gross rent
$98.5K $15.96/SF
− Vacancy
−$6.4K −$1.04/SF
EGI
$92.1K $14.92/SF
− OpEx
−$13.8K −$2.24/SF
NOI
$78.3K $12.68/SF
Area
Montgomery County, MD
Vacancy
6.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,565,240
Cap Rate 7%
$1,118,029
Cap Rate 9%
$869,578
Alternative Uses
Best Use
Warehouse
$1.12M
$978.3K – $1.30M
NOI $78,262 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.17M
$1.90M – $2.53M
NOI $151,932 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,563
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20852, MD
48,347
Population
23,023
Households
2.1
Avg Household Size
38
Median Age
74%
College-Educated
94%
High-School Grad
8.1 sq mi
ZIP Area
5,969
Density / Sq Mi
$121,496
Median Household Income
$74,519
Median Earnings
$2,212
Median Rent
$646,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Public Storage — 5420 Randolph Rd, Rockville, MD 20852
Frequently Asked Questions
What type of property is this?
Warehouse - Three bays are leased, while one is available for owner occupancy or lease.
Where is this warehouse located?
The property is located at 5707 5707-5709 Arundel Ave Rockville, MD.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 6,170 s.f. warehouse building with four bays; Each bay measures about 1,600 s.f. and has high ceilings; Three bays are leased; one bay will be delivered vacant
