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    26227 Ridge Rd Damascus, MD 20872

    For Lease
    $265 SF/Yr

    869 sq ft Single-Tenant Office in MD

    Lot size:
    869 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional single-tenant office space, located at 26227 Ridge Rd in Damascus, Maryland, presents a fantastic opportunity for businesses seeking a well-established location in Montgomery County. The property, built in 1980, offers 869 square feet of functional office space, ideal for a variety of professional uses. The building features ample parking with 40 spaces available for tenants and their clients. The property is classified as a traditional office space within a retail setting, offering convenient access and high visibility. Its location in Damascus, MD, zip code 20872, provides easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. The property's single-tenant occupancy ensures privacy and control over the space. This is a rare opportunity to secure a well-maintained office space in a desirable location. The property's convenient location and ample parking make it an attractive option for businesses of all sizes. This property is perfect for a business seeking a comfortable and functional workspace in a thriving community. The building's age suggests established infrastructure and potential for cost-effective operation. The property's classification as both retail and office suggests a versatile space adaptable to various business needs. Interested parties are encouraged to inquire further to explore the possibilities this property offers.

    Property Features for 26227 Ridge Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    869 SF

    Building Details

    Year Built
    1980

    Unit(s) available at that property

    Space
    Size
    869 SF
    Rate per SF
    $265

    HighLights

    • 869 SF single‑tenant office space in Damascus, MD (20872).
    • Located in the Damascus Square Professional Center with ample onsite parking (40 spaces).
    • Features a reception room, large front window, and central air conditioning; 2nd floor end unit.
    • High visibility road‑front signage on Rt. 27 with heavy traffic.
    • Two months free rent offered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sebring Boone Mortgage Mortgage Lender

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Damascus
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2068322
    Latitude
    39.287435

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    FAQs

    What type of property is this?
    Office Property / Space - 869 sq ft Single-Tenant Office in MD
    Where is this office property / space located?
    The property is located at 26227 Ridge Rd Damascus, MD.
    What is the lease rate?
    The lease rate is $265 SF/Yr.
    What are key features of this property?
    This property features: 869 SF single-tenant office space in Damascus, MD (20872).; Located in the Damascus Square Professional Center with ample onsite parking (40 spaces).; Features a reception room, large front window, and central air conditioning; 2nd floor end unit.
    Request Owner's contact information
    26227 Ridge Rd Damascus, MD 20872
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    Damascus, MD 20872
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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
    26227 Ridge Rd Damascus, MD 20872
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