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    OFF-MARKET
    Office Spaces

    18522 Office Park Dr, Montgomery Village, MD 20886

    1,221 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,221 square foot executive office condominium is ideally located in Montgomery Village, Maryland, at 18522 Office Park Drive, zip code 20886. Situated on the second floor (one flight of stairs), this unit offers a desirable blend of open workspace and private offices, all enhanced by abundant natural light from its windowed offices. Currently leased until March 31, 2022, this presents a strong investment opportunity. The condo boasts a monthly fee of $230, encompassing trash and water services. Real estate taxes for the period of July 1, 2021, to June 30, 2022, totaled $2,465.50. The asking price for this turnkey office space is $205,000. This property is perfect for a business seeking a well-maintained, functional space with a mix of open and private areas, promoting both collaboration and individual focus. The convenient location in Montgomery Village offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-priced executive office suite in a desirable location.

    Property profile
    Verified
    Property type Office Spaces
    Total area 1,221 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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