Vacant Auto Repair Service
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For Sale
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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 Market7
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 #67699
Source:
Moodyscre
Added: Jul 24
Changed: Jul 30
Last Checked: Jul 30 at 5:49AM
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 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 For Industrial
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 | $380.2k | $15.00 |
| − Vacancy | −$26.6k | −$1.05 |
| EGI | $353.6k | $13.95 |
| − OpEx | −$106.1k | −$4.19 |
| NOI | $247.5k | $9.76 |
25,345 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 30.00%
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.
Property 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Shell — 15 S Summit Ave, Gaithersburg, MD 20877
- Flex Automotive Inc — 22A W Diamond Ave, Gaithersburg, MD 20877
- Mercedes Volvo Service — E Diamond Ave, Gaithersburg, MD 20877
- Asthagen Inc — 201 Perry Pkwy, Gaithersburg, MD 20877, United States
- AKTIV Automotive — 22 W Diamond 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
