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    8005 Gramercy Blvd Derwood, MD 20855

    Sponsored
    For Lease
    Contact for pricing

    Modern Retail/Office, Multiple Units Available

    Lot size:
    10,390 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Laureate, a brand-new 2023 construction in Derwood, Maryland's vibrant Montgomery County, offers exceptional retail and office leasing opportunities. Four spaces are currently available, ranging from 1,534 square feet to 3,721 square feet, perfect for a variety of businesses. This prime location boasts unparalleled access to a substantial residential population, with over 1,458 multi-family units and 753 townhomes within close proximity. The development is strategically positioned near the bustling Shady Grove Metro Station, providing convenient access to a daily ridership of 12,609 WMATA commuters. Ample parking is available with 5,745 commuter spaces. Furthermore, the area is planned for significant future growth, including a proposed library, school, community center, and athletic field, ensuring long-term viability and increased foot traffic. The surrounding area also includes a substantial amount of future mixed-use space totaling 1,130,000 square feet. This property presents a unique chance to establish a thriving business in a rapidly developing and highly accessible location at 8005 Gramercy Blvd, Derwood, MD 20855. The total retail and office space available within the development exceeds 28,000 square feet.

    Property Features for 8005 Gramercy Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,390 SF

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    1st Fl - B
    Size
    1,534 SF
    Space
    1st Fl - C-2
    Size
    3,721 SF
    Space
    1st Fl - D
    Size
    2,246 SF
    Space
    1st Fl - E
    Size
    2,889 SF

    HighLights

    • Brand‑new 2023 construction in Derwood, MD's Montgomery County.
    • Four available spaces, 1,534 - 3,721 square feet.
    • Prime location near 1,458+ multi‑family units and 753 townhomes.
    • Convenient access to Shady Grove Metro Station (12,609 daily riders).
    • 5,745 parking spaces available.
    • Over 28,000 square feet of retail/office space available in the development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Derwood
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.165275
    Latitude
    39.1245059

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    FAQs

    What type of property is this?
    Retail property - Modern Retail/Office, Multiple Units Available
    Where is this retail property located?
    The property is located at 8005 Gramercy Blvd Derwood, MD.
    What are key features of this property?
    This property features: Brand-new 2023 construction in Derwood, MD's Montgomery County.; Four available spaces, 1,534 - 3,721 square feet.; Prime location near 1,458+ multi-family units and 753 townhomes.
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    8005 Gramercy Blvd Derwood, MD 20855
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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
    8005 Gramercy Blvd Derwood, MD 20855
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