131 Rollins Ave Ste 1a Rockville, MD 20852-4039
- Commercial real estate
- 776 SF
- 0.04 lot acres
Current Use by Public Records
- KLD Diamonds / Wholesaler
- TMNcorp / Marketing Agency
- SHS Payroll, LLC / Payroll Service
- GaitBetter / Medical Technology Manufacturer
- Stafford William S CPA / Accountant
Property Details for 131 Rollins Ave Ste 1a
- Lot size
- 0.04 lot acres
- Property size
- 776 SF
- Zone code
- C2
- Property type
- Commercial real estate
- APN
- 04-02516940
- APU
- 402516940
Description
This exceptional 937-square-foot office space is ideally situated at 131 Rollins Avenue, Unit 2-131, in the vibrant city of Rockville, Maryland. Offered at $349,900, this property presents a compelling opportunity for businesses seeking a well-located and functional workspace. The unit is conveniently located within a larger building, offering easy access and ample parking. The space itself is versatile and adaptable to a variety of business needs, making it suitable for a range of professional uses. While specific details regarding interior layout and finishes are not currently available, the square footage provides ample room for offices, meeting areas, and support spaces. The property's location in Rockville offers easy access to major transportation routes, providing convenient commutes for employees and clients alike. Rockville's thriving business environment and diverse amenities further enhance the appeal of this investment opportunity. The absence of land (0 acres) indicates a focus on the building itself and its functional space. This property is an excellent choice for businesses seeking a well-priced, conveniently located office space in a desirable Maryland market. Serious inquiries are encouraged to explore the potential of this promising commercial property. The asking price reflects the current market value and the property's strong potential for return on investment.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $260,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $175,000
- 6.5%
- $160,000
- 7%
- $150,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $235,000
Market price range: $168k - $366k
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Location Insight
- Map
- Local Demand
- City
- Rockville
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.1236
- Latitude
- 39.0591
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA