Vacant Professional Office
849 QUINCE ORCHARD ROAD #B, Gaithersburg, MD 20878
For Sale
$249,900
Vacant professional workspace with shared surface parking and access to I-270 and major commuter routes.
Property Size1,001 SF
Price / SF$249.65
Days on Market94
Property Features for 849 QUINCE ORCHARD ROAD #B
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Office Units
Building Details
Year Built
Owner Occupied
Listing Agency:
Mulan Realty, Corp
(443) 608-0180
Listed By:
Meng Meng Zhao · License #5020540
(410) 564-7512
Source:
Cummingsrealtors
Added: Aug 7
Changed: Nov 6
Last Checked: Nov 8 at 6:18AM
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 Mulan Realty, Corp
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite B is a vacant professional office unit comprising approximately 1,001 SF within a multi-tenant office setting. The space is available for immediate occupancy and can be customized by an owner-user or investor. Its configuration is suited to office-based operations and other permitted business services, subject to buyer verification of zoning and use requirements.
The property is located in Diamond Farm Professional Park in Gaithersburg, Maryland, with access to I-270 and major commuter routes. Shared surface parking serves owners, employees, and clients. The building was constructed in 1987.
The property is located in Diamond Farm Professional Park in Gaithersburg, Maryland, with access to I-270 and major commuter routes. Shared surface parking serves owners, employees, and clients. The building was constructed in 1987.
Key Highlights
- Approximately 1,001 SF office unit
- Suite B is vacant and available for immediate occupancy
- Located in Diamond Farm Professional Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,234
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,680
$244.7K
Cap Rate 7%
$174,771
$174.8K
Cap Rate 9%
$135,933
$135.9K
Market Conditions
NOI Build-Up for 1,001 SF
Gross rent
$19.7K $19.68/SF
− Vacancy
−$3.4K −$3.38/SF
EGI
$16.3K $16.30/SF
− OpEx
−$4.1K −$4.07/SF
NOI
$12.2K $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%
$244,680
Cap Rate 7%
$174,771
Cap Rate 9%
$135,933
Alternative Uses
Best Use
Office B
$174.8K
$152.9K – $203.9K
NOI $12,234 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$352.1K
$308.1K – $410.8K
NOI $24,649 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
819
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
$675,200
Median Home Value
Market
Average Price Trend$/SF for Office Units in Gaithersburg, MD
Properties on Market for Office Units in Gaithersburg
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Vacant professional workspace with shared surface parking and access to I-270 and major commuter routes.
Where is this office unit located?
The property is located at 849 QUINCE ORCHARD ROAD #B Gaithersburg, MD.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Approximately 1,001 SF office unit; Suite B is vacant and available for immediate occupancy; Located in Diamond Farm Professional Park
