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Property profile & analytics

966 Hungerford Dr Rockville, MD 20850

  • Commercial real estate
  • 1,364 SF
  • 0.08 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US40-0171119
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Atlantic Technology Group / Electronics Engineer / Office Equipment Rental Service
  • Roembke James E / Psychologist
  • Poirier Joseph G PhD / Psychologist
  • Mary L. Lyon, MA / Psychologist
  • Highlife Studios Rockville / Recording Studio / Music Management And Promotion

Property Details for 966 Hungerford Dr

Lot size
0.08 lot acres
Property size
1,364 SF
Zone code
C2
Property type
Commercial real estate
APN
04-02014782
APU
402014782

Description

This exceptional 1500-square-foot office condo is ideally situated in Rockville, Maryland, at 966 Hungerford Drive, Unit A-10. The property boasts a prime location, offering unparalleled convenience and accessibility. Its front unit position ensures high visibility and easy access. A significant advantage is the low condo fee, making this an attractive investment opportunity. The unit is currently subject to existing leases, providing immediate income potential for investors. The property's proximity to Montgomery College is a key benefit, providing a large pool of potential clients and employees. This location offers excellent visibility and accessibility, making it an ideal space for a variety of businesses. The building's design and layout are conducive to a professional office environment. The unit's size is well-suited for a range of business needs, from small startups to established companies. The low condo fee contributes to the overall affordability and strong return on investment potential. This property presents a rare opportunity to acquire a well-located, income-producing office condo in a thriving area of Rockville. The existing leases provide a stable income stream, while the prime location and low condo fees offer significant long-term value. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property is offered at $429,900. The land area associated with this condo is zero acres.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $240,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $305,000
    6.5%
    $285,000
    7%
    $265,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $390,000
    Market price range: $200k - $486k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Rockville
County
Montgomery
State
Maryland
Longitude
-77.1549
Latitude
39.0997
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,134
$114,500
$267,400
$381,900
-
$114,500
$267,400
$381,900
More about this property
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