Professional Office
New
For Sale
$715,000
19537 DOCTORS DRIVE Unit 19539, Germantown, MD 20874
Reception space, consultation rooms, and private offices support client-facing operations.
Property Size2,216 SF
Days on Market4
Property Features for 19537 DOCTORS DRIVE Unit 19539
General Information
Standard status
Active
Size
2,216 SF
Property subtype
Office
Additional Details
Office Units
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$8,100
Amenities
kitchenette
break area
restroom facilities
storage
Building Details
Building Size
2,216 SF
Year Built
1987
Construction
brick
Listing Agency:
LPT Realty, LLC
Listed By:
STEPHEN PIPICH Jr. · License #649250
(443) 286-2943
Source:
Barnesrealestatecompany
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 4:36PM
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 LPT Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit at 19537 Doctors Drive, Unit 19539, in Germantown includes a reception and waiting area, multiple private offices and consultation rooms, and dedicated work areas. A kitchenette, break area, restroom, and storage add functional support space. The interiors feature neutral finishes and overhead lighting, while the exterior is brick with landscaped grounds. Built in 1987, the property is situated along Doctors Drive in an established professional setting.
Key Highlights
- Reception and waiting area with multiple private offices and consultation rooms
- Kitchenette, break area, restroom, and storage
- Built in 1987
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,851
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,020
$697.0K
Cap Rate 7%
$497,871
$497.9K
Cap Rate 9%
$387,233
$387.2K
Market Conditions
NOI Build-Up for 2,216 SF
Gross rent
$71.5K $32.28/SF
− Vacancy
−$13.4K −$6.07/SF
EGI
$58.1K $26.21/SF
− OpEx
−$23.2K −$10.48/SF
NOI
$34.9K $15.73/SF
Area
Montgomery County, MD
Vacancy
18.80%
Lease Rate
$32.28 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,020
Cap Rate 7%
$497,871
Cap Rate 9%
$387,233
Alternative Uses
Best Use
Healthcare Medical
$497.9K
$435.6K – $580.9K
NOI $34,851 @ 7.0% cap · market cap 4.87%
Second Best
Office B
$386.9K
$338.5K – $451.4K
NOI $27,082 @ 7.0% cap · market cap 3.79%
Theoretical Best
Specialty Retail
$779.5K
$682.1K – $909.5K
NOI $54,568 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,804
Businesses Nearby
Explore this area
Business Placement
Demographics for 20874, MD
62,908
Population
23,081
Households
2.7
Avg Household Size
37
Median Age
49%
College-Educated
90%
High-School Grad
22.7 sq mi
ZIP Area
2,771
Density / Sq Mi
$109,648
Median Household Income
$57,436
Median Earnings
$1,938
Median Rent
$385,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Reception space, consultation rooms, and private offices support client-facing operations.
Where is this office unit located?
The property is located at 19537 DOCTORS DRIVE Unit 19539 Germantown, MD.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Reception and waiting area with multiple private offices and consultation rooms; Kitchenette, break area, restroom, and storage; Built in 1987
