Class A Office
For Sale
$688,000
17 17b Firstfield Rd Unit 201, Gaithersburg, MD 20878
Full-service office space in a 2006 commercial building with multiple unit-size options identified.
Property Size2,414 SF
Price / SF$285
Days on Market51
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Property Features for 17 17b Firstfield Rd Unit 201
General Information
Standard status
Active
Size
2,414 SF
Class
Class A
Building Details
Year Built
2006
Listing Agency:
RE/MAX Town Center
Listed By:
Li Ye · License #PB98376529
(202) 271-8066
Source:
Kandorre
Added: Aug 26
Changed: Sep 15
Last Checked: Oct 15 at 4:36AM
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 RE/MAX Town Center
Investment Insights
Based on property information with market context.
This Class A office offering is located within a full-service commercial building completed in 2006. The property information identifies a 2,414-square-foot unit and also references additional unit-size options of 1,575 square feet and 3,989 square feet.
The office property is situated at 17 17b Firstfield Rd, Unit 201, in Gaithersburg, Maryland. The offering is structured for sale and provides a professional office setting within an established commercial building.
The office property is situated at 17 17b Firstfield Rd, Unit 201, in Gaithersburg, Maryland. The offering is structured for sale and provides a professional office setting within an established commercial building.
Key Highlights
- 2,414‑square‑foot office unit identified
- Additional unit‑size options of 1,575 SF and 3,989 SF
- Class A office property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,502
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,040
$590.0K
Cap Rate 7%
$421,457
$421.5K
Cap Rate 9%
$327,800
$327.8K
Market Conditions
NOI Build-Up for 2,414 SF
Gross rent
$47.5K $19.68/SF
− Vacancy
−$8.2K −$3.38/SF
EGI
$39.3K $16.30/SF
− OpEx
−$9.8K −$4.07/SF
NOI
$29.5K $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%
$590,040
Cap Rate 7%
$421,457
Cap Rate 9%
$327,800
Alternative Uses
Best Use
Office B
$421.5K
$368.8K – $491.7K
NOI $29,502 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$849.2K
$743.0K – $990.7K
NOI $59,443 @ 7.0% cap · market cap 8.64%
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
1,047
Businesses Nearby
Explore this area
Business Placement
Demographics for 20878, MD
65,990
Population
25,297
Households
2.6
Avg Household Size
40
Median Age
70%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
3,235
Density / Sq Mi
$142,062
Median Household Income
$76,026
Median Earnings
$2,188
Median Rent
$675,200
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
Frequently Asked Questions
What type of property is this?
Office units - Full-service office space in a 2006 commercial building with multiple unit-size options identified.
Where is this office units located?
The property is located at 17 17b Firstfield Rd Unit 201 Gaithersburg, MD.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: 2,414‑square‑foot office unit identified; Additional unit‑size options of 1,575 SF and 3,989 SF; Class A office property
