Multi-Office Suite with
200 E DIAMOND AVENUE, Gaithersburg, MD 20877
For Sale
Contact for pricing
Office space features an open layout, reception area, two offices, kitchen, bathroom, and multiple windowed rooms.
Property Size800 SF
Price / SF$1.81
Days on Market107
Property Features for 200 E DIAMOND AVENUE
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Argent Realty,LLC
(240) 913-8110
Listed By:
Ololade A Grabovenko · License #633474
(301) 404-9039
Source:
Cummingsrealtors
Added: Jul 24
Changed: Nov 6
Last Checked: Nov 6 at 10:10AM
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 Argent Realty,LLC
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Investment Insights
Based on property information with market context.
This large office suite offers a boost-style open floor plan with two separate offices, a large reception/lobby area, bathroom, and an eat-in kitchen. Rooms include windows for natural light, and the suite is configured for a straightforward customer-facing and work-ready flow.
The space is located on top of a printing press business and includes its own entrance. Parking is supported by plenty of free street parking as well as a privately owned lot at the back of the building for additional parking.
The layout combines reception, enclosed office space, and additional amenities within a single suite, making it practical for teams that want both open collaboration space and dedicated rooms.
The space is located on top of a printing press business and includes its own entrance. Parking is supported by plenty of free street parking as well as a privately owned lot at the back of the building for additional parking.
The layout combines reception, enclosed office space, and additional amenities within a single suite, making it practical for teams that want both open collaboration space and dedicated rooms.
Key Highlights
- Office space in Historic Gaithersburg built in 1874
- Open floor plan with large reception/lobby area and multiple windowed rooms for natural light
- Includes two separate offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,777
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,540
$195.5K
Cap Rate 7%
$139,671
$139.7K
Cap Rate 9%
$108,633
$108.6K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$15.7K $19.68/SF
− Vacancy
−$2.7K −$3.38/SF
EGI
$13.0K $16.30/SF
− OpEx
−$3.3K −$4.07/SF
NOI
$9.8K $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%
$195,540
Cap Rate 7%
$139,671
Cap Rate 9%
$108,633
Alternative Uses
Best Use
Office B
$139.7K
$122.2K – $163.0K
NOI $9,777 @ 7.0% cap · market cap 674.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$281.4K
$246.2K – $328.3K
NOI $19,699 @ 7.0% cap · market cap 1,358.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,515
Businesses Nearby
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Business Placement
Demographics for 20877, MD
37,577
Population
13,599
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
76%
High-School Grad
5.6 sq mi
ZIP Area
6,710
Density / Sq Mi
$86,103
Median Household Income
$39,341
Median Earnings
$1,862
Median Rent
$462,500
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Gaithersburg, MD
Properties on Market for Office Units in Gaithersburg
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office space features an open layout, reception area, two offices, kitchen, bathroom, and multiple windowed rooms.
Where is this office unit located?
The property is located at 200 E DIAMOND AVENUE Gaithersburg, MD.
What are key features of this property?
This property features: Office space in Historic Gaithersburg built in 1874; Open floor plan with large reception/lobby area and multiple windowed rooms for natural light; Includes two separate offices
