Rockville Office and Medical
For Sale
Contact for pricing
14801 Physicians Ln, Rockville, MD 20850
Two first-floor office units suitable for office and medical uses.
Property Size12,284 SF
Price / SF$146.53
Days on Market271
Property Features for 14801 Physicians Ln
General Information
Standard status
Active
Size
12,284 SF
Class
C
Property subtype
Office
Zoning
Commercial/Residential (CR)
Building Details
Year Built
2014
Units
2
Listing Agency:
Divaris Real Estate Inc DC Regional Office
Listed By:
Joey Lee · License #5020086
Source:
Crexi
Added: Jan 8
Changed: Sep 22
Last Checked: Oct 5 at 4:48PM
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 DC Regional Office
Investment Insights
Based on property information with market context.
The property features two first-floor units totaling 6,142 square feet. Constructed in 1984, the units include a reception area, multiple private offices, and bathrooms. The property offers abundant free surface parking. Zoned Commercial/Residential (CR) in Montgomery County, the property supports a mix of office and medical uses. The location provides a walkable, mixed-use environment surrounded by established professional, medical, and retail amenities. An optional owner leaseback of one unit at closing is available.
Key Highlights
- Two first‑floor units totaling 6,142 SF.
- Zoned Commercial/Residential (CR) in Montgomery County, supporting office and medical uses.
- Abundant free surface parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,126
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,002,520
$3.0M
Cap Rate 7%
$2,144,657
$2.1M
Cap Rate 9%
$1,668,067
$1.7M
Market Conditions
NOI Build-Up for 12,284 SF
Gross rent
$241.7K $19.68/SF
− Vacancy
−$41.6K −$3.38/SF
EGI
$200.2K $16.30/SF
− OpEx
−$50.0K −$4.07/SF
NOI
$150.1K $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%
$3,002,520
Cap Rate 7%
$2,144,657
Cap Rate 9%
$1,668,067
Alternative Uses
Best Use
Office B
$2.14M
$1.88M – $2.50M
NOI $150,126 @ 7.0% cap · market cap 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.32M
$3.78M – $5.04M
NOI $302,486 @ 7.0% cap · market cap 16.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
Explore this area
Business Placement
Demographics for 20850, MD
51,045
Population
22,468
Households
2.3
Avg Household Size
41
Median Age
67%
College-Educated
94%
High-School Grad
14.1 sq mi
ZIP Area
3,620
Density / Sq Mi
$122,691
Median Household Income
$77,679
Median Earnings
$2,277
Median Rent
$687,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Two first-floor office units suitable for office and medical uses.
Where is this office units located?
The property is located at 14801 Physicians Ln Rockville, MD.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Two first‑floor units totaling 6,142 SF.; Zoned Commercial/Residential (CR) in Montgomery County, supporting office and medical uses.; Abundant free surface parking.
