Four-Bay Warehouse with
57075709 ARUNDEL AVENUE Rockville, MD 20852
For Sale
$1,325,000
Four-bay warehouse totals 6,170 SF, with high ceilings and individual bay access via garage doors.
Property Size6,170 SF
Price / SF$214.75
Days on Market29
Property Features for 57075709 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 28
Changed: Jul 24
Last Checked: Jul 26 at 3:39AM
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.
5707 and 5709 Arundel Ave present a four-bay warehouse building with on-site parking. The property totals about 6,170 square feet, with each bay measuring approximately 1,600 square feet and featuring high ceilings.
Three of the bays are currently leased, and one bay will be delivered vacant, offering flexibility for an owner user or a purchaser looking to lease additional space. Each bay includes a garage door, a 3' entry door, and a rear exit door.
The site is located near the intersection of Twinbrook Parkway and Parklawn Drive, providing convenient access within Rockville.
Three of the bays are currently leased, and one bay will be delivered vacant, offering flexibility for an owner user or a purchaser looking to lease additional space. Each bay includes a garage door, a 3' entry door, and a rear exit door.
The site is located near the intersection of Twinbrook Parkway and Parklawn Drive, providing convenient access within Rockville.
Key Highlights
- Four‑bay warehouse totaling 6,170 SF, built in 1982, with high ceilings
- Each bay is about 1,600 SF and has individual access via garage doors
- 3 bays are leased; 1 bay will be delivered vacant for an owner‑user, with option to lease it out
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 high ceilings and individual bay access via garage doors.
Where is this warehouse located?
The property is located at 57075709 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: Four‑bay warehouse totaling 6,170 SF, built in 1982, with high ceilings; Each bay is about 1,600 SF and has individual access via garage doors; 3 bays are leased; 1 bay will be delivered vacant for an owner‑user, with option to lease it out
