Vacant Office
For Sale
$249,900
B-849 Quince Orchard Rd, Gaithersburg, MD 20878
A professional suite in Diamond Farm Professional Park is available for occupancy and includes shared surface parking.
Property Size1,001 SF
Price / SF$249.65
Days on Market77
Property Features for B-849 Quince Orchard Rd
General Information
Standard status
Active
Size
1,001 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,200
Building Details
Abandoned
No
Listing Agency:
Mulan Realty, Corp
(443) 608-0180
Listed By:
Meng Meng Zhao · License #5020540
(410) 564-7512
Source:
Exprealty
Added: Aug 6
Changed: Oct 19
Last Checked: Oct 20 at 9:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mulan Realty, Corp
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,001-square-foot office condominium is vacant and available for immediate occupancy. Its professional office setting is located within Diamond Farm Professional Park in Gaithersburg, Maryland, and the suite may be adapted by its next occupant.
Shared surface parking serves owners, employees, and clients. The property offers access to I-270 and other major commuter routes, with nearby amenities also noted.
Shared surface parking serves owners, employees, and clients. The property offers access to I-270 and other major commuter routes, with nearby amenities also noted.
Key Highlights
- 1,001‑square‑foot office condominium
- Vacant and available for immediate occupancy
- Located in Diamond Farm Professional Park in Gaithersburg, Maryland
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,234
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,680
$244.7K
Cap Rate 7%
$174,771
$174.8K
Cap Rate 9%
$135,933
$135.9K
Market Conditions
NOI Build-Up for 1,001 SF
Gross rent
$19.7K $19.68/SF
− Vacancy
−$3.4K −$3.38/SF
EGI
$16.3K $16.30/SF
− OpEx
−$4.1K −$4.07/SF
NOI
$12.2K $12.22/SF
Area
Montgomery County, MD
Vacancy
17.20%
Lease Rate
$19.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,680
Cap Rate 7%
$174,771
Cap Rate 9%
$135,933
Alternative Uses
Best Use
Office B
$174.8K
$152.9K – $203.9K
NOI $12,234 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$352.1K
$308.1K – $410.8K
NOI $24,649 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Explore this area
Business Placement
Demographics for 20878, MD
65,990
Population
25,297
Households
2.6
Avg Household Size
40
Median Age
70%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
3,235
Density / Sq Mi
$142,062
Median Household Income
$76,026
Median Earnings
$2,188
Median Rent
$675,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A professional suite in Diamond Farm Professional Park is available for occupancy and includes shared surface parking.
Where is this office unit located?
The property is located at B-849 Quince Orchard Rd Gaithersburg, MD.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1,001‑square‑foot office condominium; Vacant and available for immediate occupancy; Located in Diamond Farm Professional Park in Gaithersburg, Maryland
