Updated Medical Office
For Sale
$335,000
6b-9025 Shady Grove Ct, Gaithersburg, MD 20877
First-floor medical office condominium with reception, exam-ready offices, break room, and ADA bathroom.
Property Size969 SF
Price / SF$345.72
Days on Market388
Property Features for 6b-9025 Shady Grove Ct
General Information
Standard status
Active
Size
969 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,847
Listing Agency:
Rory S. Coakley Realty, Inc.
(301) 340-8700
Listed By:
Kathleen C Meyer
(240) 422-0765
Source:
Exprealty
Added: Sep 29, 2025
Changed: Oct 13
Last Checked: Oct 20 at 9:23PM
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 Rory S. Coakley Realty, Inc.
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Investment Insights
Based on property information with market context.
Located in the Shady Grove Professional Park, this updated and renovated commercial condominium offers approximately 969 SF of all first-floor space with no steps to enter. The layout includes a bright reception area, four private offices, a break room, and an ADA bathroom. Two of the offices are currently set up as examination rooms with sinks, and one office functions as the receptionist/office manager area with an open window to the reception room, along with a fourth large office.
The property is positioned for convenient access to Shady Grove Hospital and is close to shops and restaurants. It also offers easy access to major routes, including 270, Shady Grove Metro, Rockville Pike, and Route 200, with plenty of parking on site.
As a condominium within a professional park, the space is suited to a variety of medical or office uses that benefit from a straightforward, ADA-friendly entrance and a reception-to-private-office configuration.
The property is positioned for convenient access to Shady Grove Hospital and is close to shops and restaurants. It also offers easy access to major routes, including 270, Shady Grove Metro, Rockville Pike, and Route 200, with plenty of parking on site.
As a condominium within a professional park, the space is suited to a variety of medical or office uses that benefit from a straightforward, ADA-friendly entrance and a reception-to-private-office configuration.
Key Highlights
- Approximately 969 SF, all first‑floor commercial condominium in Shady Grove Professional Park
- Reception area plus four private offices, including two exam rooms with sinks
- ADA bathroom and no steps to enter the office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,239
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,780
$304.8K
Cap Rate 7%
$217,700
$217.7K
Cap Rate 9%
$169,322
$169.3K
Market Conditions
NOI Build-Up for 969 SF
Gross rent
$31.3K $32.28/SF
− Vacancy
−$5.9K −$6.07/SF
EGI
$25.4K $26.21/SF
− OpEx
−$10.2K −$10.48/SF
NOI
$15.2K $15.73/SF
Area
Montgomery County, MD
Vacancy
18.80%
Lease Rate
$32.28 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,780
Cap Rate 7%
$217,700
Cap Rate 9%
$169,322
Alternative Uses
Best Use
Healthcare Medical
$217.7K
$190.5K – $254.0K
NOI $15,239 @ 7.0% cap · market cap 4.55%
Second Best
Office B
$169.2K
$148.0K – $197.4K
NOI $11,842 @ 7.0% cap · market cap 3.53%
Theoretical Best
Specialty Retail
$340.9K
$298.3K – $397.7K
NOI $23,861 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,714
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 20877, MD
37,577
Population
13,599
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
76%
High-School Grad
5.6 sq mi
ZIP Area
6,710
Density / Sq Mi
$86,103
Median Household Income
$39,341
Median Earnings
$1,862
Median Rent
$462,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- Center for Veterinary Dentistry and Oral Surgery LLC — 9041 Gaither Rd, Gaithersburg, MD 20877
- Peace & Comfort In-Home Pet Euthanasia — 15942-A Shady Grove Rd, Gaithersburg, MD 20877
- Kendall Taney — 9041 Gaither Rd, Gaithersburg, MD 208771424
Frequently Asked Questions
What type of property is this?
Medical Office Space - First-floor medical office condominium with reception, exam-ready offices, break room, and ADA bathroom.
Where is this medical office space located?
The property is located at 6b-9025 Shady Grove Ct Gaithersburg, MD.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Approximately 969 SF, all first‑floor commercial condominium in Shady Grove Professional Park; Reception area plus four private offices, including two exam rooms with sinks; ADA bathroom and no steps to enter the office
