26215 Rdg Rd, Damascus, MD
Office condominium featuring private offices and an open work area.
- Added:
- Apr 4, 2025
- Days on Market:
- 441
- Last Refresh:
- May 20 at 9:34 pm
Property Features for 26215 Rdg Rd
General Information
- Standard status
- Active
- Size
- 979 SF
- Lot size
- 0.58 Acres
- Property subtype
- OFFICE
Properties For Sale
at 26215 Rdg Rd Contact us
Listing agent Neil Draddy License #517997
Listing office Jay Clogg Realty Group, Inc. (301) 340-9400
Listing date Apr 4, 2025
Source Moodyscre
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.
HighLights
- Second floor office condominium
- Private offices offer quiet workspaces
- Open work area promotes collaboration
- Monthly rent is net of utilities
- Monthly rent is net of cleaning
- Office condominium
Overview
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 | $19.3k | $19.68 |
| − Vacancy | −$3.3k | −$3.38 |
| EGI | $16.0k | $16.30 |
| − OpEx | −$4.0k | −$4.07 |
| NOI | $12.0k | $12.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Damascus
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.2068
- Latitude
- 39.2876
