Office Suite for
For Sale
$242,500
847 Quince Orchard Boulevard 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 Market131
Property Features for 847 Quince Orchard Boulevard 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
(301) 977-9444
Source:
Hargreaveshomesales
Added: Jun 11
Changed: Oct 11
Last Checked: Oct 7 at 3:04PM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$14,849
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,980
$297.0K
Cap Rate 7%
$212,129
$212.1K
Cap Rate 9%
$164,989
$165.0K
Market Conditions
NOI Build-Up for 1,215 SF
Gross rent
$23.9K $19.68/SF
− Vacancy
−$4.1K −$3.38/SF
EGI
$19.8K $16.30/SF
− OpEx
−$4.9K −$4.07/SF
NOI
$14.8K $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%
$296,980
Cap Rate 7%
$212,129
Cap Rate 9%
$164,989
Alternative Uses
Best Use
Office B
$212.1K
$185.6K – $247.5K
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
NOI $29,919 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
855
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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 Boulevard 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.
