Block Warehouse
7407 LINDBERGH DRIVE, Gaithersburg, MD 20879
For Sale
New
Contact for pricing
Block construction and multiple on-site parking areas support practical day-to-day operations.
Property Size23,000 SF
Lot Size2.03 Acres
Price / SF$0.65
Days on Market4
Property Features for 7407 LINDBERGH DRIVE
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Year Built
Construction
Listing Agency:
Terrapin Realtors, Inc
(301) 355-5000
Listed By:
Fernando F Palacios · License MD #534177
(301) 996-5190
Source:
Cummingsrealtors
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:12PM
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 Terrapin Realtors, Inc
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 23,000-square-foot warehouse was built in 2004 with block construction. It occupies a 2.03-acre parcel and includes a private garage, driveway, and parking lot.
The property is at 7407 Lindbergh Drive in Gaithersburg, Maryland, with street visibility. Availability is scheduled for November 2026.
The property is at 7407 Lindbergh Drive in Gaithersburg, Maryland, with street visibility. Availability is scheduled for November 2026.
Key Highlights
- 23,000‑square‑foot warehouse on a 2.03‑acre lot
- Block construction; built in 2004
- On‑site private garage, driveway, and parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$291,737
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,834,740
$5.8M
Cap Rate 7%
$4,167,671
$4.2M
Cap Rate 9%
$3,241,522
$3.2M
Market Conditions
NOI Build-Up for 23,000 SF
Gross rent
$367.1K $15.96/SF
− Vacancy
−$23.9K −$1.04/SF
EGI
$343.2K $14.92/SF
− OpEx
−$51.5K −$2.24/SF
NOI
$291.7K $12.68/SF
Area
Montgomery County, MD
Vacancy
6.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,834,740
Cap Rate 7%
$4,167,671
Cap Rate 9%
$3,241,522
Alternative Uses
Best Use
Warehouse
$4.17M
$3.65M – $4.86M
NOI $291,737 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.09M
$7.08M – $9.44M
NOI $566,360 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
783
Businesses Nearby
Well-served
Demand for This Use
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
$433,500
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Montgomery County, MD
Properties on Market for Warehouses in Montgomery County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- CubeSmart Self Storage — 8001 Snouffer School Rd, Gaithersburg, MD 20879
- Extra Space Storage — 18830 Woodfield Rd, Gaithersburg, MD 20879
- JK Moving Services — 7561 Lindbergh Dr, Gaithersburg, MD 20879
- Allied Van Lines — 19000 Woodfield Rd Suite 100, Gaithersburg, MD 20879
- Platinum Moving Services — 7610 Rickenbacker Dr, Gaithersburg, MD 20879
Frequently Asked Questions
What type of property is this?
Warehouse - Block construction and multiple on-site parking areas support practical day-to-day operations.
Where is this warehouse located?
The property is located at 7407 LINDBERGH DRIVE Gaithersburg, MD.
What are key features of this property?
This property features: 23,000‑square‑foot warehouse on a 2.03‑acre lot; Block construction; built in 2004; On‑site private garage, driveway, and parking lot
