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    20 Courthouse Sq Rockville, MD 20850

    Sponsored
    For Sale
    Contact for pricing

    Prime Rockville location, flexible suites.

    Property size:
    1,268 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property at 20 Courthouse Square in Rockville, Maryland, offers a unique blend of retail and office spaces, ideal for a variety of businesses. Located in the heart of Rockville, this property boasts unparalleled convenience and high visibility. The building features multiple units ranging in size from approximately 1,268 to 3,507 square feet, providing flexibility for businesses of all sizes. The asking price per square foot is $225. The property's prime location directly across from the Montgomery County Courthouse and just three blocks from the METRO station ensures high foot traffic and easy accessibility for both employees and clients. Its proximity to Rockville Town Center further enhances its desirability. The professional office spaces are ready for immediate occupancy, offering a move-in-ready solution for businesses seeking a prestigious address. This is a rare opportunity to secure a highly sought-after commercial space in one of Maryland's most vibrant and thriving communities. The property is classified as a shopping center and offers executive office suites, making it suitable for a diverse range of commercial enterprises. The address is 20 Courthouse Square, Rockville, MD 20850. This property presents a compelling investment opportunity in a dynamic and rapidly growing market.

    Property Features for 20 Courthouse Sq

    General Information

    Property type
    Lifestyle centers
    Square Feet
    1,268 SF

    HighLights

    • Units ranging from 1,324 to 3,272 square feet.
    • Prime location directly across from the Montgomery County Courthouse.
    • Conveniently located three blocks from the METRO station.
    • Move‑in ready professional office suites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pacific Produce Wholesaler Rockville Smiles Dentist Josam International Division Plumbing Supply Store Law Office Of Daniel ... Family Law Attorney Abney At Law, P.C. Family Law Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1520608
    Latitude
    39.0841896

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Rockville location, flexible suites.
    Where is this lifestyle center located?
    The property is located at 20 Courthouse Sq Rockville, MD.
    What are key features of this property?
    This property features: Units ranging from 1,324 to 3,272 square feet.; Prime location directly across from the Montgomery County Courthouse.; Conveniently located three blocks from the METRO station.
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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
    20 Courthouse Sq Rockville, MD 20850
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