Renovated Medical Office
For Sale
$335,000
9025 SHADY GROVE CT #6B 6B, Gaithersburg, MD 20877
First-floor condominium office with examination rooms, private offices, an ADA restroom, and convenient on-site parking.
Property Size969 SF
Price / SF$345.72
Days on Market83
Property Features for 9025 SHADY GROVE CT #6B 6B
General Information
Standard status
Active
Size
969 SF
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
1
Office Units
1
Listing Agency:
Rory S. Coakley Realty, Inc.
(301) 340-8700
Listed By:
Kathleen C Meyer
(240) 422-0765
Source:
Cathyshometeam
Added: Jul 25
Changed: Oct 14
Last Checked: Oct 14 at 10:39PM
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 Rory S. Coakley Realty, Inc.
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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.
This renovated medical office condominium provides approximately 969 SF on one level within Shady Grove Professional Park. The layout includes a reception area, four private offices, a separate work area for administrative staff, a break room, and an ADA-compliant bathroom. Two offices are fitted with sinks for examination use, while another offers a larger footprint for flexible office functions.
The suite offers step-free entry and on-site parking. Its Gaithersburg setting provides access to Shady Grove Hospital, nearby retail and dining, Shady Grove Metro, Rockville Pike, Route 200, and I-270. The combination of medical-oriented improvements, accessible entry, and a multi-room configuration supports continued professional office use.
The suite offers step-free entry and on-site parking. Its Gaithersburg setting provides access to Shady Grove Hospital, nearby retail and dining, Shady Grove Metro, Rockville Pike, Route 200, and I-270. The combination of medical-oriented improvements, accessible entry, and a multi-room configuration supports continued professional office use.
Key Highlights
- Approximately 969 SF of first‑floor medical office space
- Four private offices, including two examination rooms with sinks
- Reception area, administrative work area, break room, and ADA bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,239
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,780
$304.8K
Cap Rate 7%
$217,700
$217.7K
Cap Rate 9%
$169,322
$169.3K
Market Conditions
NOI Build-Up for 969 SF
Gross rent
$31.3K $32.28/SF
− Vacancy
−$5.9K −$6.07/SF
EGI
$25.4K $26.21/SF
− OpEx
−$10.2K −$10.48/SF
NOI
$15.2K $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 Rate 5%
$304,780
Cap Rate 7%
$217,700
Cap Rate 9%
$169,322
Alternative Uses
Best Use
Healthcare Medical
$217.7K
$190.5K – $254.0K
NOI $15,239 @ 7.0% cap · market cap 4.55%
Second Best
Office B
$169.2K
$148.0K – $197.4K
NOI $11,842 @ 7.0% cap · market cap 3.53%
Theoretical Best
Specialty Retail
$340.9K
$298.3K – $397.7K
NOI $23,861 @ 7.0% cap · market cap 7.12%
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
1,226
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20877, MD
37,577
Population
13,599
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
76%
High-School Grad
5.6 sq mi
ZIP Area
6,710
Density / Sq Mi
$86,103
Median Household Income
$39,341
Median Earnings
$1,862
Median Rent
$462,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Middlebrook Veterinary Services — Gaithersburg, MD 20878
Frequently Asked Questions
What type of property is this?
Medical Office Space - First-floor condominium office with examination rooms, private offices, an ADA restroom, and convenient on-site parking.
Where is this medical office space located?
The property is located at 9025 SHADY GROVE CT #6B 6B Gaithersburg, MD.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Approximately 969 SF of first‑floor medical office space; Four private offices, including two examination rooms with sinks; Reception area, administrative work area, break room, and ADA bathroom
