Office Condominium
For Sale
Contact for pricing
4 Professional Drive Suite 149, Gaithersburg, MD 20879
For sale office condo suite with 945 square feet, suited for professional users seeking a private, defined workspace.
Property Size945 SF
Price / SF$160.85
Days on Market112
Property Features for 4 Professional Drive Suite 149
General Information
Standard status
Active
Size
945 SF
Property subtype
Office
Building Details
Stories
2
Tenancy
Single
Listing Agency:
Jay Clogg Realty Group Inc
Listed By:
John Arensmeyer · License #MD 84024
(301) 340-9400
Source:
Crexi
Added: Jun 17
Changed: Sep 25
Last Checked: Oct 5 at 6:30PM
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 offering is an office condominium suite for sale, presented as a privately defined unit within the building. The space is identified as Suite 149 and totals 945 square feet, providing a compact footprint for a range of professional office uses.
The property is located at 4 Professional Drive in Gaithersburg, Maryland. As an office condominium, it’s designed for tenants or owners who prefer unit-level control within a professional property setting.
The 945-square-foot layout can fit a variety of office tenants that need dedicated, addressable space without operating out of a fully shared suite. It may also be a practical option for buyers looking to own an office condo unit rather than leasing a larger space. The transaction is available as a for-sale office condominium suite.
The property is located at 4 Professional Drive in Gaithersburg, Maryland. As an office condominium, it’s designed for tenants or owners who prefer unit-level control within a professional property setting.
The 945-square-foot layout can fit a variety of office tenants that need dedicated, addressable space without operating out of a fully shared suite. It may also be a practical option for buyers looking to own an office condo unit rather than leasing a larger space. The transaction is available as a for-sale office condominium suite.
Key Highlights
- Office condominium for sale
- Private, defined workspace setup for professional users
- Suite size: 945 sq ft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,549
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,980
$231.0K
Cap Rate 7%
$164,986
$165.0K
Cap Rate 9%
$128,322
$128.3K
Market Conditions
NOI Build-Up for 945 SF
Gross rent
$18.6K $19.68/SF
− Vacancy
−$3.2K −$3.38/SF
EGI
$15.4K $16.30/SF
− OpEx
−$3.8K −$4.07/SF
NOI
$11.5K $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%
$230,980
Cap Rate 7%
$164,986
Cap Rate 9%
$128,322
Alternative Uses
Best Use
Office B
$165.0K
$144.4K – $192.5K
NOI $11,549 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$332.4K
$290.9K – $387.8K
NOI $23,270 @ 7.0% cap · market cap 15.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Explore this area
Business Placement
Demographics for 20879, MD
26,176
Population
9,008
Households
2.9
Avg Household Size
37
Median Age
42%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,044
Density / Sq Mi
$105,109
Median Household Income
$49,269
Median Earnings
$1,895
Median Rent
$433,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - For sale office condo suite with 945 square feet, suited for professional users seeking a private, defined workspace.
Where is this office units located?
The property is located at 4 Professional Drive Suite 149 Gaithersburg, MD.
What is the asking price?
The asking price for this property is $152,000.
What are key features of this property?
This property features: Office condominium for sale; Private, defined workspace setup for professional users; Suite size: 945 sq ft
