Office Condo
19509 Doctors Drive Germantown, MD 20874
19509 Doctors Drive, Germantown, MD, 20874
Contact for pricing
For Sale
Contact for pricing
Office condo offered for sale with a total size of 956 square feet.
Property Size956 SF
Price / SF$312.76
Days on Market21
Property Features for 19509 Doctors Drive
General Information
- Standard status
- Active
- Size
- 956 SF
- Property subtype
- Office
Listing agency
Jay Clogg Realty Group Inc
(301) 340-9400
Listed by
Jay Clogg · License #MD 67699
Source
Crexi
Added: Jul 1 Updated: Jul 21 at 12:58AM Checked: Jul 21 at 1:17PM
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 Jay Clogg Realty Group Inc
Investment Insights
Based on property information with market context.
This office condo suite is offered for sale and provides 956 square feet of office space. The property is configured as an individual office condo, offering a self-contained option within a commercial office setting.
The office condo is located at 19509 Doctors Drive in Germantown, Maryland (20874).
The office condo is located at 19509 Doctors Drive in Germantown, Maryland (20874).
Key Highlights
- Office condo for sale
- Total size: 956 sq ft
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 | $18.8k | $19.68 |
| − Vacancy | −$3.2k | −$3.38 |
| EGI | $15.6k | $16.30 |
| − OpEx | −$3.9k | −$4.07 |
| NOI | $11.7k | $12.22 |
956 SF · lease $19.68/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$166.9K
$146.1K – $194.7K
NOI $11,684 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$336.3K
$294.3K – $392.4K
NOI $23,541 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Audiology Center of Maryland, ...
Medical Clinic
Dampeer Joyce PHD
Physician
Maryam Esmaeli-Salari
Physician
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FAQs
What type of property is this?
Office units - Office condo offered for sale with a total size of 956 square feet.
Where is this office units located?
The property is located at 19509 Doctors Drive Germantown, MD.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Office condo for sale; Total size: 956 sq ft
