Updated Main-Level Office
For Sale
$219,000
15825 Crabbs Branch Way 9-a, Rockville, MD 20855
Four private offices, a kitchenette, and dedicated restroom support efficient professional use with convenient surface parking.
Property Size667 SF
Price / SF$328.34
Days on Market72
Property Features for 15825 Crabbs Branch Way 9-a
General Information
Standard status
Active
Size
667 SF
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
Main Level
Office Units
1
Amenities
private restroom
updated flooring
fresh paint
recessed lighting
kitchenette
central air conditioning
gas heat
Building Details
Year Built
1980
Listing Agency:
Capital Gold Realty
Listed By:
Michael Boateng · License #661399
(240) 441-8962
Source:
Soldbypattie
Added: Aug 21
Changed: Oct 25
Last Checked: Oct 7 at 1:09PM
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
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Investment Insights
Based on property information with market context.
This main-level office condominium provides a practical professional workspace with four offices, a kitchenette, and a private restroom. Recent improvements include new flooring, fresh paint, and recessed lighting. Central air conditioning and gas heat serve the unit, while the condominium association handles the exterior, parking area, and shared spaces. The property is offered as-is.
Access to I-270, I-370, Route 355, and the ICC supports commutes throughout the surrounding area. Shady Grove Metro Station is also nearby, and surface parking is available for employees and visitors. Constructed in 1980, the unit is suited to owner-occupancy or investment ownership.
Access to I-270, I-370, Route 355, and the ICC supports commutes throughout the surrounding area. Shady Grove Metro Station is also nearby, and surface parking is available for employees and visitors. Constructed in 1980, the unit is suited to owner-occupancy or investment ownership.
Key Highlights
- Main‑level office condominium with four offices and a kitchenette
- Private restroom, updated flooring, fresh paint, and recessed lighting
- Central air conditioning and gas heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,152
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,040
$163.0K
Cap Rate 7%
$116,457
$116.5K
Cap Rate 9%
$90,578
$90.6K
Market Conditions
NOI Build-Up for 667 SF
Gross rent
$13.1K $19.68/SF
− Vacancy
−$2.3K −$3.38/SF
EGI
$10.9K $16.30/SF
− OpEx
−$2.7K −$4.07/SF
NOI
$8.2K $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%
$163,040
Cap Rate 7%
$116,457
Cap Rate 9%
$90,578
Alternative Uses
Best Use
Office B
$116.5K
$101.9K – $135.9K
NOI $8,152 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$234.6K
$205.3K – $273.7K
NOI $16,424 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
948
Businesses Nearby
Explore this area
Business Placement
Demographics for 20855, MD
17,003
Population
6,141
Households
2.8
Avg Household Size
41
Median Age
68%
College-Educated
96%
High-School Grad
13.1 sq mi
ZIP Area
1,298
Density / Sq Mi
$147,708
Median Household Income
$72,538
Median Earnings
$2,405
Median Rent
$614,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Four private offices, a kitchenette, and dedicated restroom support efficient professional use with convenient surface parking.
Where is this office unit 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: Main‑level office condominium with four offices and a kitchenette; Private restroom, updated flooring, fresh paint, and recessed lighting; Central air conditioning and gas heat
