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OFF-MARKET
Office Spaces

18 Executive Park Cir Germantown, MD 20874

1,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 1,000 square foot executive office condo is ideally located at 18 Executive Park Circle in Germantown, Maryland, zip code 20874. Priced at $285,000, this move-in ready suite boasts a well-designed layout perfect for a variety of professional uses. The space includes a welcoming reception area, three spacious offices with ample natural light from large windows, and one smaller office without windows. A convenient kitchenette, a dedicated storage room, and a private restroom add to the functionality and comfort. The property benefits from a separate electric meter, enabling 24/7 access. Ample free parking is available directly at the building's entrance, providing convenient access for clients and employees. The monthly condo fee of $270 covers a comprehensive range of services, including water and sewer, structural fire insurance, trash and recycling removal, snow removal, and professional property management. Real estate taxes for the period of July 1, 2023, to June 30, 2024, are $3,188.45. This turnkey office condo presents a fantastic opportunity for businesses seeking a well-maintained, efficient, and conveniently located workspace in Montgomery County. The combination of amenities, location, and price makes this a highly desirable property.

Property profile
Verified
Property type Office Spaces
Total area 1,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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