Property profile

15862 Office Park Dr Montgomery Village, MD 20886

OFF-MARKET
Office Spaces
1,039 SF
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Property summary

AI-generated overview

This meticulously renovated 1,039 square foot executive office condominium in Montgomery Village, Maryland, presents a fantastic investment opportunity. Located at 15862 Office Park Drive, 20886, this first-floor unit boasts three windowed private offices, a dedicated conference room, a convenient kitchenette, and a welcoming reception area, ideal for a small business or professional practice. The asking price is $215,000. The property is a well-maintained condominium with a monthly condo fee of $230. Real estate taxes for the period of July 1, 2023, to June 30, 2024, are estimated at $2,278.30. The unit's prime location in Montgomery Village offers easy access to major transportation routes and amenities. This turnkey solution requires minimal capital investment and is ready for immediate occupancy. The spacious layout and modern updates make this an exceptional opportunity for a business seeking a professional and efficient workspace. Don't miss this chance to acquire a thriving office space in a desirable location. The property is conveniently situated at 39.1612006 latitude and -77.2030065 longitude.

Property profile

Verified
Property type Office Spaces
Total area 1,039 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15862 Office Park Dr Montgomery Village, MD 20886
Montgomery Village metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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