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    MD Montgomery Village Ave Gaithersburg, MD 20886

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    MD Montgomery Village Ave Gaithersburg, MD 20886

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    • Retail properties & Spaces
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    • Retail properties & Spaces

    Property Details for MD Montgomery Village Ave

    Property type
    Retail properties & Spaces

    Description

    This exceptional 2.14-acre retail property presents a unique ground lease opportunity in the thriving Montgomery Village submarket of Montgomery County. Strategically located at the intersection of Montgomery Village Avenue and Centerway Road, this site boasts excellent access and visibility, enhanced by a convenient traffic signal. The property is zoned CRT, offering flexibility for a variety of retail uses. Currently, one space is available for lease, making it ideal for a single tenant seeking a prominent location or a developer looking to construct a multi-tenant retail center. The site's prime location within the heart of Montgomery Village ensures high traffic counts and exposure to a dense population base. This presents a compelling investment opportunity for businesses seeking a high-impact presence in a dynamic and growing community. The expansive acreage allows for significant development potential, catering to a range of retail concepts and sizes. The property's accessibility and visibility, coupled with its strategic location, make it an exceptional choice for businesses aiming to establish a strong foothold in this desirable market. Interested parties are encouraged to explore the possibilities this exceptional retail ground lease offers. The property's location within Montgomery Village provides access to a robust consumer base and ample opportunities for business growth. This is a rare opportunity to secure a significant retail presence in a highly sought-after area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gaithersburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2031
    Latitude
    39.1714

    Comparable in this City

    • Value Estimation by Request
      196,564 SF

      19142 Montgomery Village Ave

      Office properties & Spaces • 196,564 SF
      19142 Montgomery Village Ave, Montgomery Village, MD 20886
      View Details
    • Value Estimation
      $685,000
      3,125 SF

      9100 Rothbury Dr

      SHOPPING CENTER, STRIP CENTER • 3,125 SF
      9100 Rothbury Dr, Gaithersburg, MD 20886-1400
      View Details
    • Value Estimation
      $610,000
      3,056 SF

      19300 Montgomery Vlg Ave

      AUTO REPAIR, GARAGE • 3,056 SF
      19300 Montgomery Vlg Ave, Gaithersburg, MD 20886-3027
      View Details
    • Value Estimation by Request
      9,200 SF

      Retail Pl

      RETAIL STORES (PERSONAL SERVICES) • 9,200 SF
      Retail Pl, Montgomery Village, MD 20886
      View Details
    • Value Estimation by Request
      92,900 SF

      19310 Montgomery Vlg Ave

      RETAIL STORES (PERSONAL SERVICES) • 92,900 SF
      19310 Montgomery Vlg Ave, Gaithersburg, MD 20886-3027
      View Details
    • Value Estimation
      $625,000
      3,056 SF

      19304 Montgomery Vlg Ave

      AUTO REPAIR, GARAGE • 3,056 SF
      19304 Montgomery Vlg Ave, Gaithersburg, MD 20886-3027
      View Details

    Similar Nearby for Sale

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      1,221 SF

      Office Condominium For Sale

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    • $205,000

      Renovated Office Space Available

      Recently renovated office unit with reception area and windowed offices.
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    Similar Nearby for Lease

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      Retail Space For Lease

      Retail space available for lease in Gaithersburg, Maryland.
      20211 Goshen Rd, Gaithersburg, MD 20886
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      Multi-Use Shopping Center For Rent

      Multi-use shopping center serving the surrounding residential area.
      19142 Montgomery Village Ave, Montgomery Village, MD 20886
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    • Contact for pricing
      10,162 SF

      Retail Space in Montgomery Village

      Retail space for lease in Montgomery Village, Gaithersburg, MD.
      9100 Rothbury Dr, Montgomery Village, MD 20886
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      Retail Space in Montgomery Village

      Retail space for lease in the heart of Montgomery Village.
      9989 Stedwick Rd, Gaithersburg, MD 20886
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      1,347 SF

      Gaithersburg Office Space Available

      Office space for rent in Gaithersburg, Maryland.
      19630-19644 Club House Rd, Gaithersburg, MD 20886
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    • Contact for pricing

      Land for Ground Lease

      2.14 acres of commercial land available for ground lease.
      MD Montgomery Village Ave, Montgomery Village, MD 20886
      View Details
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    Gaithersburg, MD 20886
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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