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Office Suite for Sale
For Sale
$242,500

847 Quince Orchard Blvd #H-3, Gaithersburg, MD 20878

For-sale office suite in Gaithersburg, Maryland, suited for professional users seeking dedicated space.

Property Size1,215 SF
Price / SF$199.59
Days on Market53

Property Features for 847 Quince Orchard Blvd #H-3

General Information

Standard status Active
Size 1,215 SF

Building Details

Year Built 1990
Listing Agency: NGA, LLC
Listed By: Nazre G Adum
Source: Evrealestate
Added: Jun 8 Changed: Jul 6 Last Checked: Jul 30 at 5:38AM

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 NGA, LLC

Investment Insights

Based on property information with market context.

This offering consists of an office suite identified as Unit #H-3 within 847 Quince Orchard Blvd. The property is presented for sale and is positioned for office-related use by tenant businesses and professional operators.

The address is located in Montgomery County, Maryland. Access directions provided indicate taking I-270 north to Exit 10, turning onto W. Diamond Ave, then left on Fieldcrest Rd, staying to the right onto Quince Orchard Blvd.

As a dedicated office suite, Unit #H-3 can serve organizations looking for a contained workspace for administrative and professional operations. The fit will depend on each user’s layout and buildout preferences, as the listing information provided focuses on the suite availability rather than specific interior improvements or configurations.

Key Highlights

  • Office suite located in Gaithersburg, Maryland (Montgomery County).
  • Central air conditioning.
  • Electric heating.

Financial Insights For Office B

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 $23.9k $19.68
− Vacancy −$4.1k −$3.38
EGI $19.8k $16.30
− OpEx −$4.9k −$4.07
NOI $14.8k $12.22
1,215 SF · lease $19.68/SF/yr · vacancy 17.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$212.1K
$185.6K – $247.5K (±1% cap)
NOI $14,849 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$427.4K
$374.0K – $498.7K (±1% cap)
NOI $29,919 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Karen E. Sherwood, ... Counselor Carved Path Consulting IT Consulting Firm Recknor Schaeffer & Berg, ... Accounting Firm LG Electric & Design ... Electrical Service Dr. Ali Eghtesadi Dental Office

Suggested Use

Top Pick Hair Salon Bakery Barber Shop (Bike/Boat/Book/etc) Store Plumbing Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

855
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - For-sale office suite in Gaithersburg, Maryland, suited for professional users seeking dedicated space.
Where is this office building located?
The property is located at 847 Quince Orchard Blvd #H-3 Gaithersburg, MD.
What is the asking price?
The asking price for this property is $242,500.
What are key features of this property?
This property features: Office suite located in Gaithersburg, Maryland (Montgomery County).; Central air conditioning.; Electric heating.
More about this property
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