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    18522 Office Park Dr Montgomery Village, MD 20886

    Sponsored
    For Sale
    $205,000

    1221 SF Office Condo, $205K

    Property size:
    1,221 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,221 square foot executive office condominium is ideally located in Montgomery Village, Maryland, at 18522 Office Park Drive, zip code 20886. Situated on the second floor (one flight of stairs), this unit offers a desirable blend of open workspace and private offices, all enhanced by abundant natural light from its windowed offices. Currently leased until March 31, 2022, this presents a strong investment opportunity. The condo boasts a monthly fee of $230, encompassing trash and water services. Real estate taxes for the period of July 1, 2021, to June 30, 2022, totaled $2,465.50. The asking price for this turnkey office space is $205,000. This property is perfect for a business seeking a well-maintained, functional space with a mix of open and private areas, promoting both collaboration and individual focus. The convenient location in Montgomery Village offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-priced executive office suite in a desirable location.

    Property Features for 18522 Office Park Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,221 SF

    HighLights

    • 1,221 SF executive office condo in Montgomery Village, MD (20886).
    • Second‑floor unit with open workspace and private offices, abundant natural light.
    • Currently leased, strong investment opportunity.
    • $205,000 asking price; $230/month condo fee (includes trash & water); $2,465.50 annual real estate taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery Village
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2027589
    Latitude
    39.1608623

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    FAQs

    What type of property is this?
    Office Property / Space - 1221 SF Office Condo, $205K
    Where is this office property / space located?
    The property is located at 18522 Office Park Dr Montgomery Village, MD.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: 1,221 SF executive office condo in Montgomery Village, MD (20886).; Second-floor unit with open workspace and private offices, abundant natural light.; Currently leased, strong investment opportunity.
    (301) 340-9400
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    18522 Office Park Dr Montgomery Village, MD 20886
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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
    18522 Office Park Dr Montgomery Village, MD 20886
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