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    975-B Russell Ave Gaithersburg, MD 20879

    Sponsored
    For Sale
    $299,000

    Prime Office Suite, 1267 SF, $299K

    Property size:
    1,267 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,267 square foot executive office condo is ideally situated in Gaithersburg, Maryland, at 975-B Russell Avenue, zip code 20879. Located in Montgomery County, this second-floor suite offers unparalleled privacy and convenience. Accessed via a private stairwell, eliminating shared entrances, the space boasts a thoughtfully designed layout. Features include a welcoming reception area, a dedicated conference room perfect for client meetings or internal collaborations, two private offices providing individual workspaces, and an open work area ideal for team collaboration. A kitchenette adds practicality, and two restrooms ensure comfort and convenience for occupants and guests. The property benefits from its strategic location, offering easy access to I-270 and Route 355, with the added advantage of being situated behind Costco. Ample free parking is available for employees and visitors. The real estate taxes for the period of July 1, 2023, to June 30, 2024, are $3,730.15. This turnkey office space presents a fantastic opportunity for businesses seeking a well-appointed and easily accessible location. The asking price for this move-in ready property is $299,000.

    Property Features for 975-B Russell Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,267 SF

    HighLights

    • 1,267 SF executive office condo in Gaithersburg, MD (20879).
    • Private second‑floor suite with reception area, conference room, two private offices, open workspace, kitchenette, and two restrooms.
    • Convenient location near I‑270 and Route 355, behind Costco.
    • Ample free parking.
    • Real estate taxes: $3,730.15 (7/1/23‑6/30/24).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gaithersburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2149569
    Latitude
    39.1597226

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Suite, 1267 SF, $299K
    Where is this office property / space located?
    The property is located at 975-B Russell Ave Gaithersburg, MD.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 1,267 SF executive office condo in Gaithersburg, MD (20879).; Private second-floor suite with reception area, conference room, two private offices, open workspace, kitchenette, and two restrooms.; Convenient location near I-270 and Route 355, behind Costco.
    (301) 340-9400
    Request Owner's contact information
    975-B Russell Ave Gaithersburg, MD 20879
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    Gaithersburg, MD 20879
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    975-B Russell Ave Gaithersburg, MD 20879
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