Mixed-Use Medical Office
14801 Physicians Lane 171-b&c Rockville, MD 20850
New
14801 Physicians Lane 171-b&c, Rockville, MD, 20850
$1,900,000
For Sale
$1,900,000
First-floor office suites include reception, private offices, bathrooms, and abundant free surface parking.
Property Size12,284 SF
Price / SF$154.67
Days on Market3
Property Features for 14801 Physicians Lane 171-b&c
General Information
- Standard status
- Active
- Size
- 12,284 SF
Building Details
- Year Built
- 2014
Listing agency
Divaris Real Estate, Inc
(571) 620-5142
Listed by
Oreste Joseph Farina II
Source
Kandorre
Added: Jul 20 Updated: Jul 21 at 10:34PM Checked: Jul 22 at 4:50AM
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 Divaris Real Estate, Inc
Investment Insights
Based on property information with market context.
This property offers first-floor units totaling 6,142 SF, with a reception area, multiple private offices, and bathrooms. Built in 1984, the space is designed for a flexible mix of office, medical, retail, and service uses.
The property is zoned Commercial/Residential (CR) in Montgomery County and features abundant free surface parking. It sits within a walkable, mixed-use environment surrounded by established professional, medical, and retail amenities.
At closing, there is an optional owner leaseback of one unit.
The property is zoned Commercial/Residential (CR) in Montgomery County and features abundant free surface parking. It sits within a walkable, mixed-use environment surrounded by established professional, medical, and retail amenities.
At closing, there is an optional owner leaseback of one unit.
Key Highlights
- 6,142 SF of first‑floor space with a reception area, multiple private offices, and bathrooms
- Optional owner leaseback of one unit available at closing
- Abundant free surface parking on site
Local Financial Insights For Office B
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 | $241.7k | $19.68 |
| − Vacancy | −$41.6k | −$3.38 |
| EGI | $200.2k | $16.30 |
| − OpEx | −$50.0k | −$4.07 |
| NOI | $150.1k | $12.22 |
12,284 SF · lease $19.68/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Retail
$4.03M
$3.53M – $4.71M
NOI $282,320 @ 7.0% cap · market cap 14.86%
Second Best
Healthcare Medical
$2.76M
$2.41M – $3.22M
NOI $193,188 @ 7.0% cap · market cap 10.17%
Theoretical Best
Specialty Retail
$4.32M
$3.78M – $5.04M
NOI $302,486 @ 7.0% cap · market cap 15.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Children's National Medical ...
Pediatrician
Heffner Phyllis J ...
Physician
Katz Marianne MD
Physician
Dr. Ira Weiss, ...
Physician
Kaplan Richard F ...
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - First-floor office suites include reception, private offices, bathrooms, and abundant free surface parking.
Where is this office units located?
The property is located at 14801 Physicians Lane 171-b&c Rockville, MD.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 6,142 SF of first‑floor space with a reception area, multiple private offices, and bathrooms; Optional owner leaseback of one unit available at closing; Abundant free surface parking on site
