Multi-Bay Warehouse
5707-5709 Arundel Avenue Rockville, MD 20852
For Sale
$1,325,000
Four-bay warehouse totals 6,170 SF, with each bay featuring a garage door, entry door, and rear exit.
Property Size6,170 SF
Price / SF$214.75
Days on Market27
Property Features for 5707-5709 Arundel Avenue
General Information
- Standard status
- Active
- Size
- 6,170 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1982
Listing Agency:
Commercial & Investment Realty Associates, LLC.
(301) 793-8901
Listed By:
Lawrence Rosen · License #5158
(301) 793-8901
Source:
Xome
Added: Jun 27
Changed: Jul 23
Last Checked: Jul 23 at 10:11AM
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 Commercial & Investment Realty Associates, LLC.
Investment Insights
Based on property information with market context.
This 4-bay warehouse building includes a total of approximately 6,170 square feet, with each bay measuring about 1,600 square feet and offering high ceilings. Each bay is equipped with a garage door, a 3' entry door, and a rear exit door. Three bays are currently leased, and one bay will be delivered vacant for an owner user or for a purchaser to lease.
The property is located near the intersection of Twinbrook Parkway and Parklawn Drive in Rockville, with an on-site parking lot for the building.
The current configuration supports flexible occupancy, with separate bay access through the provided front garage doors and rear exit doors for each unit.
The property is located near the intersection of Twinbrook Parkway and Parklawn Drive in Rockville, with an on-site parking lot for the building.
The current configuration supports flexible occupancy, with separate bay access through the provided front garage doors and rear exit doors for each unit.
Key Highlights
- 4‑bay warehouse totals 6,170 SF (about 1,600 SF per bay) with high ceilings
- Each bay includes a garage door, 3' entry door, and a rear exit door
- 3 bays are currently leased; 1 bay will be delivered vacant for an owner user
Financial Insights For Warehouse
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 | $98.5k | $15.96 |
| − Vacancy | −$6.4k | −$1.04 |
| EGI | $92.1k | $14.92 |
| − OpEx | −$13.8k | −$2.24 |
| NOI | $78.3k | $12.68 |
6,170 SF · lease $15.96/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.12M
$978.3K – $1.30M
NOI $78,262 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.17M
$1.90M – $2.53M
NOI $151,932 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Public Storage — 5420 Randolph Rd, Rockville, MD 20852
- Chesapeake Resources Inc — 6001 Montrose Rd # 800, Rockville, MD 20852
- Store It All Storage — 6001 Montrose Rd, North Bethesda, MD 20852
- Tri-Mini Storages — 11930 Parklawn Dr, Rockville, MD 20852
- Great Nation Van Lines Movers — 11910 Parklawn Dr, Rockville, MD 20852
FAQs
What type of property is this?
Warehouse - Four-bay warehouse totals 6,170 SF, with each bay featuring a garage door, entry door, and rear exit.
Where is this warehouse located?
The property is located at 5707-5709 Arundel Avenue Rockville, MD.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 4‑bay warehouse totals 6,170 SF (about 1,600 SF per bay) with high ceilings; Each bay includes a garage door, 3' entry door, and a rear exit door; 3 bays are currently leased; 1 bay will be delivered vacant for an owner user
