8005 Gramercy Blvd, Derwood, MD 20855
The Laureate, a brand-new 2023 construction in Derwood, Maryland's vibrant Montgomery County, offers exceptional retail and office leasing opportunities. Four spaces are currently available, ranging from 1,534 square feet to 3,721 square feet, perfect for a variety of businesses. This prime location boasts unparalleled access to a substantial residential population, with over 1,458 multi-family units and 753 townhomes within close proximity. The development is strategically positioned near the bustling Shady Grove Metro Station, providing convenient access to a daily ridership of 12,609 WMATA commuters. Ample parking is available with 5,745 commuter spaces. Furthermore, the area is planned for significant future growth, including a proposed library, school, community center, and athletic field, ensuring long-term viability and increased foot traffic. The surrounding area also includes a substantial amount of future mixed-use space totaling 1,130,000 square feet. This property presents a unique chance to establish a thriving business in a rapidly developing and highly accessible location at 8005 Gramercy Blvd, Derwood, MD 20855. The total retail and office space available within the development exceeds 28,000 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.