Vacant Auto Repair Service
For Sale
Contact for pricing
25 Chestnut St, Gaithersburg, MD 20877
Vacant auto repair and service building zoned I-1, offered vacant for owner or investor use.
Property Size25,345 SF
Lot Size1.07 Acres
Price / SF$213.06
Days on Market99
Property Features for 25 Chestnut St
General Information
Standard status
Active
Size
25,345 SF
Lot size
1.07 Acres
Property subtype
INDUSTRIAL
Zoning
I-1
Listing Agency:
Jay Clogg Realty Group, Inc.
(301) 340-9400
Listed By:
Neil Draddy · License #517997
(301) 509-8820
Source:
Moodyscre
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 28 at 11:53AM
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.
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Investment Insights
Based on property information with market context.
This vacant auto repair service building is being delivered vacant for owner or investor use. The property is offered with a total of 17,550 SF vacant, giving you flexibility to plan for an auto-focused tenant or your own operations.
The property is zoned I-1 (Light Industrial). Auto repair and service is permitted in this zone, and many other uses are also allowed under the I-1 zoning category.
The lot size is 46,660 SF, providing space for industrial site operations consistent with the property’s zoning.
The property is zoned I-1 (Light Industrial). Auto repair and service is permitted in this zone, and many other uses are also allowed under the I-1 zoning category.
The lot size is 46,660 SF, providing space for industrial site operations consistent with the property’s zoning.
Key Highlights
- 17,550 SF vacant, delivered vacant for owner or investor
- Zoned I‑1 (Light Industrial)
- Auto repair and service permitted under I‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$247,494
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,949,880
$4.9M
Cap Rate 7%
$3,535,629
$3.5M
Cap Rate 9%
$2,749,933
$2.7M
Market Conditions
NOI Build-Up for 25,345 SF
Gross rent
$380.2K $15.00/SF
− Vacancy
−$26.6K −$1.05/SF
EGI
$353.6K $13.95/SF
− OpEx
−$106.1K −$4.19/SF
NOI
$247.5K $9.76/SF
Area
Montgomery County, MD
Vacancy
7.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,949,880
Cap Rate 7%
$3,535,629
Cap Rate 9%
$2,749,933
Alternative Uses
Best Use
Retail
$8.32M
$7.28M – $9.71M
NOI $582,497 @ 7.0% cap · market cap 10.79%
Second Best
Industrial
$3.54M
$3.09M – $4.12M
NOI $247,494 @ 7.0% cap · market cap 4.58%
Theoretical Best
Specialty Retail
$8.92M
$7.80M – $10.40M
NOI $624,104 @ 7.0% cap · market cap 11.56%
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
Location Intelligence
Trade Area within ½ mile
1,689
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Asthagen Inc — 201 Perry Pkwy, Gaithersburg, MD 20877, United States
- Flex Automotive Inc — 22A W Diamond Ave, Gaithersburg, MD 20877
- AKTIV Automotive — 22 W Diamond Ave, Gaithersburg, MD 20877
- Mercedes Volvo Service — E Diamond Ave, Gaithersburg, MD 20877
- Shell — 15 S Summit Ave, Gaithersburg, MD 20877
Frequently Asked Questions
What type of property is this?
Auto shop - Vacant auto repair and service building zoned I-1, offered vacant for owner or investor use.
Where is this auto shop located?
The property is located at 25 Chestnut St Gaithersburg, MD.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: 17,550 SF vacant, delivered vacant for owner or investor; Zoned I‑1 (Light Industrial); Auto repair and service permitted under I‑1 zoning
