Office
For Sale
Contact for pricing
26225 Ridge Road, Damascus, MD 20872
Commercial workspace at 26225 Ridge Road in Damascus, Maryland.
Property Size979 SF
Price / SF$173.65
Days on Market102
Property Features for 26225 Ridge Road
General Information
Standard status
Active
Size
979 SF
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
Jay Clogg Realty Group Inc
Listed By:
Neil Draddy · License #MD 517997
(301) 340-9400
Source:
Crexi
Added: Jul 6
Changed: Oct 15
Last Checked: Oct 14 at 9:45PM
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 property is an office unit located at 26225 Ridge Road in Damascus, Maryland. The offering is identified as office space within a commercial real estate classification.
Key Highlights
- Office unit asset type
- Located at 26225 Ridge Road, Damascus, MD 20872
- Office space within a commercial real estate classification
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,965
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,300
$239.3K
Cap Rate 7%
$170,929
$170.9K
Cap Rate 9%
$132,944
$132.9K
Market Conditions
NOI Build-Up for 979 SF
Gross rent
$19.3K $19.68/SF
− Vacancy
−$3.3K −$3.38/SF
EGI
$16.0K $16.30/SF
− OpEx
−$4.0K −$4.07/SF
NOI
$12.0K $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%
$239,300
Cap Rate 7%
$170,929
Cap Rate 9%
$132,944
Alternative Uses
Best Use
Office B
$170.9K
$149.6K – $199.4K
NOI $11,965 @ 7.0% cap · market cap 7.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$344.4K
$301.3K – $401.8K
NOI $24,107 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
Explore this area
Business Placement
Demographics for 20872, MD
13,349
Population
4,850
Households
2.8
Avg Household Size
39
Median Age
47%
College-Educated
93%
High-School Grad
19.9 sq mi
ZIP Area
671
Density / Sq Mi
$132,804
Median Household Income
$61,547
Median Earnings
$1,675
Median Rent
$478,300
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
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Frequently Asked Questions
What type of property is this?
Office units - Commercial workspace at 26225 Ridge Road in Damascus, Maryland.
Where is this office units located?
The property is located at 26225 Ridge Road Damascus, MD.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Office unit asset type; Located at 26225 Ridge Road, Damascus, MD 20872; Office space within a commercial real estate classification
