Vacant Professional Office
New
For Sale
$249,900
849 QUINCE ORCHARD ROAD #B, Gaithersburg, MD 20878
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 Market3
Property Features for 849 QUINCE ORCHARD ROAD #B
General Information
Standard status
Active
Size
1,001 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Office Units
1
Building Details
Year Built
1987
Owner Occupied
No
Listing Agency:
Mulan Realty, Corp
(410) 564-7512
Listed By:
Meng Meng Zhao · License #5020540
(410) 564-7512
Source:
Cummingsrealtors
Added: Aug 7
Changed: Aug 9
Last Checked: Aug 9 at 5:15AM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,743
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$314,860
$314.9K
Cap Rate 7%
$224,900
$224.9K
Cap Rate 9%
$174,922
$174.9K
Market Conditions
NOI Build-Up for 1,001 SF
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.
Gross rent
$32.3K $32.28/SF
− Vacancy
−$6.1K −$6.07/SF
EGI
$26.2K $26.21/SF
− OpEx
−$10.5K −$10.48/SF
NOI
$15.7K $15.73/SF
Area
Montgomery County, MD
Vacancy
18.80%
Lease Rate
$32.28 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$314,860
Cap Rate 7%
$224,900
Cap Rate 9%
$174,922
Alternative Uses
Best Use
Healthcare Medical
$224.9K
$196.8K – $262.4K
NOI $15,743 @ 7.0% cap · market cap 6.30%
Second Best
Office B
$174.8K
$152.9K – $203.9K
NOI $12,234 @ 7.0% cap · market cap 4.90%
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.
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
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Vacant professional workspace with shared surface parking and access to I-270 and major commuter routes.
Where is this office units 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
