Single-Unit Office
For Sale
Contact for pricing
818 W DIAMOND AVE, Gaithersburg, MD 20878
Single-unit office offering 5,303 square feet for sale.
Property Size5,303 SF
Price / SF$173.11
Days on Market170
Property Features for 818 W DIAMOND AVE
General Information
Standard status
Active
Size
5,303 SF
Property subtype
Office
Zoning
C2
Lease Type
Gross
Investment Type
Owner/User
Additional Details
Office Units
1
Building Details
Year Built
1987
Units
1
Listing Agency:
Coldwell Banker Commercial NRT Potomac
Listed By:
Omar Aizaz · License #575005
Source:
Crexi
Added: May 5
Changed: Oct 8
Last Checked: Oct 20 at 6:15PM
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 Coldwell Banker Commercial NRT Potomac
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 property is a 5,303-square-foot, single-unit office space built for an end user or investor seeking an ownership position in office real estate.
The offering is identified as “818 W Diamond Ave” in Gaithersburg, Maryland, and is presented as one unit with the stated office use.
As listed, the asset is configured as one office unit, providing a straightforward ownership structure within a commercial office property.
The offering is identified as “818 W Diamond Ave” in Gaithersburg, Maryland, and is presented as one unit with the stated office use.
As listed, the asset is configured as one office unit, providing a straightforward ownership structure within a commercial office property.
Key Highlights
- Single‑unit office building with 5,303 SF available for sale
- Built in 1987
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,809
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,296,180
$1.3M
Cap Rate 7%
$925,843
$925.8K
Cap Rate 9%
$720,100
$720.1K
Market Conditions
NOI Build-Up for 5,303 SF
Gross rent
$104.4K $19.68/SF
− Vacancy
−$18.0K −$3.38/SF
EGI
$86.4K $16.30/SF
− OpEx
−$21.6K −$4.07/SF
NOI
$64.8K $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%
$1,296,180
Cap Rate 7%
$925,843
Cap Rate 9%
$720,100
Alternative Uses
Best Use
Office B
$925.8K
$810.1K – $1.08M
NOI $64,809 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.87M
$1.63M – $2.18M
NOI $130,583 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,605
Businesses Nearby
Explore this area
Business Placement
Demographics for 20878, MD
65,990
Population
25,297
Households
2.6
Avg Household Size
40
Median Age
70%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
3,235
Density / Sq Mi
$142,062
Median Household Income
$76,026
Median Earnings
$2,188
Median Rent
$675,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Single-unit office offering 5,303 square feet for sale.
Where is this office unit located?
The property is located at 818 W DIAMOND AVE Gaithersburg, MD.
What is the asking price?
The asking price for this property is $918,000.
What are key features of this property?
This property features: Single‑unit office building with 5,303 SF available for sale; Built in 1987
