Office Suite with Shared
6480 Sligo Mill Road, Takoma Park, MD 20912
For Sale
New
Contact for pricing
Sublease space includes a private entrance, windowed offices, and shared kitchen and conference facilities.
Property Size1,633 SF
Price / SF$2.45
Days on Market7
Property Features for 6480 Sligo Mill Road
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Lease Term
Amenities
Ceramic Tile,Concrete,Carpet,Vinyl
60+ Gallon Tank,Natural Gas
2
Yes
2100
Natural Gas,Electric
3
Sublease of an office suite with a Shared Kitchen & Bathrooms w/Landlord with additional large storage room in the LL Warehouse
Other
Public
No
Assessor
On Street,Parking Lot
Private
Black Top
6
Brick/Mortar,Block
1633.00
City/County
1
Flat at front of building,slooping to the rear
Building Details
Year Built
Listing Agency:
BHHS FOX & ROACH REALTORS
(856) 222-0077
Listed By:
Ryan LeBon
Source:
Thetristaterealestategroup
Added: Nov 1
Changed: Nov 4
Last Checked: Nov 6 at 5:50AM
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 BHHS FOX & ROACH REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office suite, built in 1955, has a private locking entrance with an intercom, a lobby desk, and windowed offices. Tenants share a kitchen equipped with a refrigerator and microwave, a conference room, and three bathrooms. A separate 280-square-foot storage room is located on the lower level and has roll-up access from the rear alley. Central heating and cooling serve the space, which is zoned CRT22.
Parking is available in a nearby lot, and bus service runs along New Hampshire Avenue. The Historic District of Takoma Park is a five-minute drive away. The sublease includes internet and utilities, with insurance paid separately. The landlord prefers a three-year lease and may consider a five-year term.
Parking is available in a nearby lot, and bus service runs along New Hampshire Avenue. The Historic District of Takoma Park is a five-minute drive away. The sublease includes internet and utilities, with insurance paid separately. The landlord prefers a three-year lease and may consider a five-year term.
Key Highlights
- 280‑square‑foot lower‑level storage room with roll‑up access from the rear alley
- Private locking entrance with intercom, lobby desk, and windowed offices
- Shared kitchen with refrigerator and microwave, conference room, and three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,957
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,140
$399.1K
Cap Rate 7%
$285,100
$285.1K
Cap Rate 9%
$221,744
$221.7K
Market Conditions
NOI Build-Up for 1,633 SF
Gross rent
$32.1K $19.68/SF
− Vacancy
−$5.5K −$3.38/SF
EGI
$26.6K $16.30/SF
− OpEx
−$6.7K −$4.07/SF
NOI
$20.0K $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%
$399,140
Cap Rate 7%
$285,100
Cap Rate 9%
$221,744
Alternative Uses
Best Use
Office B
$285.1K
$249.5K – $332.6K
NOI $19,957 @ 7.0% cap · market cap 498.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$574.5K
$502.7K – $670.2K
NOI $40,212 @ 7.0% cap · market cap 1,005.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,399
Businesses Nearby
Explore this area
Business Placement
Demographics for 20912, MD
25,463
Population
10,140
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
86%
High-School Grad
2.7 sq mi
ZIP Area
9,431
Density / Sq Mi
$82,097
Median Household Income
$48,447
Median Earnings
$1,452
Median Rent
$671,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Montgomery County, MD
Properties on Market for Office Units in Montgomery County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Sublease space includes a private entrance, windowed offices, and shared kitchen and conference facilities.
Where is this office unit located?
The property is located at 6480 Sligo Mill Road Takoma Park, MD.
What are key features of this property?
This property features: 280‑square‑foot lower‑level storage room with roll‑up access from the rear alley; Private locking entrance with intercom, lobby desk, and windowed offices; Shared kitchen with refrigerator and microwave, conference room, and three bathrooms
