Burtonsville Office Unit For
For Sale
$315,000
15312 Spencerville Ct Ste 301, Burtonsville, MD 20866
Professional office unit available in Burtonsville, Maryland.
Property Size1,495 SF
Price / SF$210.70
Days on Market214
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Property Features for 15312 Spencerville Ct Ste 301
General Information
Standard status
Active
Size
1,495 SF
Property subtype
Office
Building Details
Building Size
1,495 SF
Listed By:
Will Dash
(301) 771-1613
Source:
Lee-associates
Added: Mar 16
Changed: Oct 15
Last Checked: Oct 14 at 9:49PM
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 Will Dash
Investment Insights
Based on property information with market context.
This 1495-square-foot office unit is located in Burtonsville, Maryland, within the Park 29 Professional Center on Spencerville Court. The property is situated in the Burtonsville business district, accessible from Interstate 95 via Route 198.
Key Highlights
- Located in Montgomery County
- Central Air Conditioning
- Forced Air Heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,271
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,420
$365.4K
Cap Rate 7%
$261,014
$261.0K
Cap Rate 9%
$203,011
$203.0K
Market Conditions
NOI Build-Up for 1,495 SF
Gross rent
$29.4K $19.68/SF
− Vacancy
−$5.1K −$3.38/SF
EGI
$24.4K $16.30/SF
− OpEx
−$6.1K −$4.07/SF
NOI
$18.3K $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%
$365,420
Cap Rate 7%
$261,014
Cap Rate 9%
$203,011
Alternative Uses
Best Use
Office B
$261.0K
$228.4K – $304.5K
NOI $18,271 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$525.9K
$460.2K – $613.6K
NOI $36,813 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
653
Businesses Nearby
Explore this area
Business Placement
Demographics for 20866, MD
15,199
Population
5,142
Households
3
Avg Household Size
39
Median Age
44%
College-Educated
91%
High-School Grad
7.0 sq mi
ZIP Area
2,171
Density / Sq Mi
$134,682
Median Household Income
$58,637
Median Earnings
$2,203
Median Rent
$434,400
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
Frequently Asked Questions
What type of property is this?
Office units - Professional office unit available in Burtonsville, Maryland.
Where is this office units located?
The property is located at 15312 Spencerville Ct Ste 301 Burtonsville, MD.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Located in Montgomery County; Central Air Conditioning; Forced Air Heating
