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Office Campus With Flexible Suites
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15 Deer Park Drive, Gaithersburg, MD 20705

Suburban office property provides immediate availability, on-site parking, and RB zoning.

Property Size33,080 SF
Price / SF$89.93
Days on Market135

Property Features for 15 Deer Park Drive

General Information

Standard status Active
Size 33,080 SF
Property subtype Office
Zoning Residential Buffer (RB)
Occupancy 67%

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Scheer Partners
Listed By: David Edgerley · License #MD
Source: Crexi
Added: Apr 21 Changed: Aug 29 Last Checked: Aug 29 at 4:11PM

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 Scheer Partners

Investment Insights

Based on property information with market context.

This office property consists of a three-building campus totaling 33,080 square feet. The buildings offer flexible suite configurations and immediate availability, with parking serving the campus. Residential Buffer (RB) zoning permits a maximum building footprint of 29,745 square feet, representing 50% of the site.

The property is located at 15 Deer Park Drive in Gaithersburg, Maryland, with access to North Frederick Avenue. The campus is near the MARC train station, Olde Town Gaithersburg, the Shady Grove Metro station, the ICC, and the I-270 corridor. Approximately 67% of the property is leased, with occupancy projected to reach 80% within the next 60 days.

Key Highlights

  • Three‑building office campus totaling 33,080 square feet
  • Residential Buffer (RB) zoning
  • Maximum permitted building footprint of 29,745 square feet, or 50% of the site

Property Analytics

Current Use

Royalty Realty, LLC Real Estate Agency Johnson Carole E Psychotherapist Gaithersburg Limo Service Limousine Service Ramos Quality Cleaning ... Hardware & Home Improvement Home Inc Home Health Care Service

Suggested Use

Top Pick Pharmacy Real Estate Agency Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,134
Businesses Nearby

Demographics for 20705, MD

29,456
Population
9,181
Households
3.2
Avg Household Size
36
Median Age
33%
College-Educated
81%
High-School Grad
14.5 sq mi
ZIP Area
2,031
Density / Sq Mi
$106,691
Median Household Income
$45,692
Median Earnings
$1,777
Median Rent
$423,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Suburban office property provides immediate availability, on-site parking, and RB zoning.
Where is this office building located?
The property is located at 15 Deer Park Drive Gaithersburg, MD.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: Three‑building office campus totaling 33,080 square feet; Residential Buffer (RB) zoning; Maximum permitted building footprint of 29,745 square feet, or 50% of the site
(301) 774-5900 Call to check price and availability
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