Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    18 Executive Park Cir Germantown, MD 20874
    Back to Search
    Property profile & analytics

    18 Executive Park Cir, Germantown, MD 20874

    View on Map
    • Office Spaces
    • 1,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 18 Executive Park Cir

    Property type
    Office Spaces

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Germantown
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.275
    Latitude
    39.1805

    Comparable in this City

    • Value Estimation by Request
      3,848 SF

      12810 Wisteria Dr, Unit 5

      CONDOMINIUM OFFICES
      12810 Wisteria Dr, Germantown, MD 20874-2630
      View Details
    • Value Estimation by Request
      1,759 SF

      19785 Crystal Rock Dr Ste, Unit 305

      CONDOMINIUM OFFICES
      19785 Crystal Rock Dr Ste, Germantown, MD 20874-4732
      View Details
    • Value Estimation by Request
      1,040 SF

      9 Executive Park Ct42-g

      CONDOMINIUM OFFICES
      9 Executive Park Ct42-g, Germantown, MD 20874-2643
      View Details
    • Value Estimation by Request
      1,759 SF

      19785 Crystal Rock Dr Ste, Unit 205

      CONDOMINIUM OFFICES
      19785 Crystal Rock Dr Ste, Germantown, MD 20874-4715
      View Details
    • Value Estimation by Request
      1,012 SF

      3 Executive Park Ct39-g

      CONDOMINIUM OFFICES
      3 Executive Park Ct39-g, Germantown, MD 20874-2643
      View Details
    • Value Estimation
      $595,000
      2,930 SF

      19785 Crystal Rock Dr Ste, Unit 207

      CONDOMINIUM OFFICES
      19785 Crystal Rock Dr Ste, Germantown, MD 20874-4715
      View Details

    Similar Nearby for Sale

    • $985,710
      3,399 SF

      Germantown Office Suite - 3399 SF

      Prime Office Space, Move-In Ready
      19785 Crystal Rock Dr, Germantown, MD 20874
      View Details
    • $2,857,896
      7,896 SF

      Germantown Medical Office Building

      Class A, Vacant, Move-In Ready
      12800 Middlebrook Rd, Germantown, MD 20874
      View Details
    • Contact for pricing
      3,535 SF

      Germantown Medical/Office Condos For Sale

      Professional medical and office condos in Germantown Town Center.
      12800 Middlebrook Rd, Germantown, MD 20874
      View Details
    • Contact for pricing
      1,000 SF

      Germantown Office Unit For Sale

      Office unit available for purchase in Germantown, Maryland.
      13231 Executive Park Ter, Germantown, MD 20874
      View Details
    • Contact for pricing
      1,550 SF

      Germantown Medical/Office Condos For Sale

      Professional medical and office condos in Germantown Town Center.
      12800 Middlebrook Rd, Germantown, MD 20874
      View Details
    • Contact for pricing
      2,546 SF

      Germantown Medical/Office Condos For Sale

      Professional medical and office condos in Germantown Town Center.
      12800 Middlebrook Rd, Germantown, MD 20874
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,926 SF

      Office Space in Germantown

      Office space available for lease in Germantown, Maryland.
      19785 Crystal Rock Dr, Germantown, MD 20874
      View Details
    • Contact for pricing

      Office Space with Natural Light

      Office space featuring natural light, kitchenette, and ramp access.
      19809 Executive Park Cir, Germantown, MD 20874
      View Details
    • Contact for pricing
      550 SF

      Germantown Office Space Available

      Office space available for rent in Germantown, Maryland.
      16913 Germantown Rd, Germantown, MD 20874
      View Details
    • Contact for pricing
      2,819 SF

      Germantown Office Space For Rent

      Office space with perimeter offices and good window line.
      20410 Century Blvd, Germantown, MD 20874
      View Details
    • Contact for pricing
      14,000 SF

      Modern Office Space Available

      Built-out office space for lease with easy highway access.
      13135 Winged Foot Ln, Germantown, MD 20874
      View Details
    • Contact for pricing
      2,138 SF

      Germantown Office Space For Rent

      Centrally located office space in affluent Germantown market.
      18008-18050 Mateny Rd, Germantown, MD 20874
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18 Executive Park Cir
    Germantown, MD 20874
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    18 Executive Park Cir, Germantown, MD, 20874
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!