Rockville Office Condo For
15825 CRABBS BRANCH Way 9-A Rockville, MD 20855
15825 CRABBS BRANCH Way 9-A, Rockville, MD, 20855
$219,000
For Sale
$219,000
Well-maintained office condo with functional layout, convenient location, ample parking.
Property Size654 SF
Price / SF$334.86
Days on Market97
Property Features for 15825 CRABBS BRANCH Way 9-A
General Information
- Standard status
- Active
- Size
- 654 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing Agency
Capital Gold Realty
(301) 296-4408
Listed by
Michael Boateng · License #661399
(301) 296-4408
Source
Elliman
Added: Apr 11 Checked: Jul 16 at 8:13 am
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 Capital Gold Realty
Investment Insights
Based on property information with market context.
This well-maintained main level office condominium is located at 15825 -B Crabbs Branch Way in Rockville, Maryland. The unit provides approximately 654 square feet of professional office space featuring a functional layout. The property includes a private restroom, updated flooring, fresh paint, and recessed lighting throughout. It is suitable for a variety of professional uses. Ample surface parking is available for staff and visitors. The location offers convenient access to major commuter routes including I-270, I-370, Route 355, and the ICC, and is close to the Shady Grove Metro Station, providing excellent accessibility for clients and employees. The property has central air conditioning and gas heat. The condo association maintains the exterior, parking lot, and common areas. The property is being sold as-is and is move-in ready, making it ideal for an owner-occupant or investor. The bike score is 57, indicating it is bikeable. The walk score is 68, indicating it is somewhat walkable. The transit score is 67, indicating good transit.
Key Highlights
- Convenient location near I‑270, I‑370, Route 355, ICC, and Shady Grove Metro Station.
- Move‑in ready condition with updated flooring, fresh paint, and recessed lighting.
- Functional layout with approximately 654 square feet of professional office space.
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 | $12.9k | $19.68 |
| − Vacancy | −$2.2k | −$3.38 |
| EGI | $10.7k | $16.30 |
| − OpEx | −$2.7k | −$4.07 |
| NOI | $8.0k | $12.22 |
654 SF · lease $19.68/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$114.2K
$99.9K – $133.2K
NOI $7,993 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$230.1K
$201.3K – $268.4K
NOI $16,104 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Home Tech Restoration
Hardware & Home Improvement
Turn Key Moving ...
Business Management Consultant
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FAQs
What type of property is this?
Office units - Well-maintained office condo with functional layout, convenient location, ample parking.
Where is this office units located?
The property is located at 15825 CRABBS BRANCH Way 9-A Rockville, MD.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Convenient location near I‑270, I‑370, Route 355, ICC, and Shady Grove Metro Station.; **Move‑in ready condition with updated flooring, fresh paint, and recessed lighting.**; Functional layout with approximately 654 square feet of professional office space.
