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    19719 Executive Park Cir Germantown, MD 20874

    For Sale
    $295,000

    Germantown Office Space, 1,000 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial property, located at 19719 Executive Park Circle in Germantown, Maryland, presents a unique investment opportunity. Priced at $295,000, this 1,000-acre lot offers a versatile office space ideal for a variety of businesses. The existing building features a reception area, a main business office, three additional rooms, a convenient kitchenette, and a restroom. The property's previous occupant was an allergist, suggesting potential for medical or healthcare-related businesses. The asking price translates to $295 per square foot, representing a competitive value in the Germantown market. The property's substantial acreage provides ample room for expansion or future development, making it an attractive prospect for long-term growth. Situated in Montgomery County, Maryland, with a zip code of 20874, this location offers easy access to major transportation routes and a thriving business community. The property's existing infrastructure, including the functional office space, provides immediate occupancy potential, minimizing upfront investment costs. This is a rare opportunity to acquire a significant commercial property with substantial land in a prime location. The combination of existing building improvements and expansive land makes this a highly desirable investment.

    Property Features for 19719 Executive Park Cir

    General Information

    Property type
    Coworking space
    Lot Size
    43,560,000 SF

    HighLights

    • 1,000‑acre lot in Germantown, MD, priced at $295,000.
    • 1,000 sq ft office building with reception, main office, 3 additional rooms, kitchenette, and restroom.
    • $295/sq ft, competitive for Germantown market.
    • Ample room for expansion or future development.
    • Located in Montgomery County, MD (20874), with easy access to major transportation routes.
    • Immediate occupancy potential, minimizing upfront investment costs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Carla Ward Allergist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Germantown
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2741601
    Latitude
    39.179877

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    FAQs

    What type of property is this?
    Coworking space - Germantown Office Space, 1,000 Acres
    Where is this coworking space located?
    The property is located at 19719 Executive Park Cir Germantown, MD.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 1,000-acre lot in Germantown, MD, priced at $295,000.; 1,000 sq ft office building with reception, main office, 3 additional rooms, kitchenette, and restroom.; $295/sq ft, competitive for Germantown market.
    Request Owner's contact information
    19719 Executive Park Cir Germantown, MD 20874
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    Germantown, MD 20874
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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
    19719 Executive Park Cir Germantown, MD 20874
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