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    Damascus, MD
    Medical Premises

    Damascus, MD Medical Office Space for Sale

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    Gaithersburg, MD Monrovia, MD Mount Airy, MD
    Second-Level Medical Office Condo
    Updated: Feb 19
    Second-Level Medical Office Condo

    26227 RIDGE Road, Damascus, MD 20872

    $175,000
    Excellent Visibility and Accessibility: Positioned just off a main road with convenient access to Routes 108 and 27.
    Versatile, Large Open Layout: Previously used for medical purposes, suitable for a variety of applications.
    Ample Parking: Large shared parking lot for clients and staff.
    Abundant Natural Light: Bright interior, ideal for a welcoming reception or lobby area.
    Established Location: Located in Damascus Square, surrounded by a strong mix of businesses with steady traffic.
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    Medical Office Building in Damascus
    Updated: Mar 2, 2023
    Medical Office Building in Damascus

    26005 Ridge Rd, Damascus, MD

    $4,500,000
    10,500 sqft · 0.19 AC lot
    10,500 SF medical office building in downtown Damascus.
    Located within the Ridgeview Shopping Center at the intersection of Route 27 and Bethesda Church Road.
    Anchored by Advantia, a preeminent OBGYN practice with over five years remaining on their lease.
    Property was developed and occupied by Simmonds/Advantia since 1991.
    Significant recent capital investment in renovations by Simmonds.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Damascus, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Charming Cottage in Gaithersburg Location
    Charming Cottage in Gaithersburg Location

    1 MONTGOMERY Avenue, Gaithersburg, MD 20877

    $699,000
    0.23 AC lot

    Unique cottage in Gaithersburg's Residential Buffer Zone.

    View details
    Medical Office Office Building
    Medical Office Office Building

    19847 Century Blvd, Germantown, MD 20874

    Contact for pricing
    3,968 sqft

    Freestanding office building positioned for medical use with convenient free parking and close proximity to Holy Cross Hospital.

    View details
    Office Condo in Office Park
    Office Condo in Office Park

    18504 Office Park Dr, 2nd Floor Unit, Gaithersburg, MD 20886

    $205,000
    1,225 sqft

    Second-floor office condo suitable for medical or professional use.

    View details
    Germantown Office Suite For Sale
    Germantown Office Suite For Sale

    19713-19721 Executive Park Terr, Germantown, MD

    $275,000
    1,000 sqft · 6.50 AC lot

    First floor, 1,000 SF office suite with excellent exposure.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial/Residential Land on Frederick Rd
    Commercial/Residential Land on Frederick Rd

    23543 FREDERICK Rd, Clarksburg, MD 20871

    $2,350,000
    3.21 AC lot

    3.21 acre land parcel suitable for various commercial/residential uses.

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    Commercial and Residential Land Opportunity
    Commercial and Residential Land Opportunity

    23543 Frederick Road, Clarksburg, MD 20871

    $2,350,000
    3.21 AC lot

    3.21 acre land parcel suitable for various commercial uses.

    View details
    24.38 Acres Development Opportunity
    24.38 Acres Development Opportunity

    0 LANHAM SEVERN RD, Glenn Dale, MD 20769

    $4,900,000
    24.38 AC lot

    24.38 acres zoned CGO, ideal for commercial development.

    View details
    Hagerstown Land Near Medical Offices
    Hagerstown Land Near Medical Offices

    FREDERICK Street, Hagerstown, MD 21740

    $499,000
    1.39 AC lot

    Two lots available near medical offices, suitable for various uses.

    View details

    Off-Market Properties in Damascus, MD

    Consider similar Off-Market properties in Damascus, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    26005 Rdg Rd
    MEDICAL BUILDING

    26005 Rdg Rd, Damascus, MD 20872-1892

    Value Estimation by Request
    10,484 sqft · 0.16 AC lot
    View details
    9701 New Church St
    MEDICAL BUILDING

    9701 New Church St, Damascus, MD 20872-2000

    $700,000
    Estimated value
    7,016 sqft · 1.57 AC lot
    View details

    Damascus, MD Medical Office Space Market Trends and Statistics

    Explore 4 medical office space for sale in Damascus, MD on our real estate platform. These investment opportunities span a total of 10,500 square feet of properties for sale, with an estimated market value of $4,500,000.

    Sale prices for medical spaces in Damascus, MD start at $4,500,000, averaging $4,500,000, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 11
    Medical Office Space 5

    Demographics Overview

    Population 13K
    Population Growth (5Y) +1.5%
    Median Household Income $132,804
    College Educated 65.2%

    High-Yield Neighborhoods for Investment

    Identify Damascus submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    20872 $175K

    Taxes & Financing

    Tax Rate (average for all types) 1.24%
    Property Tax per SF $14.19 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Montgomery County

    New Delisted

    Total CRE Inventory on Market (SF)

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