Property profile

18522 Office Park Dr Montgomery Village, MD 20886

OFF-MARKET
Office Spaces
1,221 SF
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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

Location

18522 Office Park Dr Montgomery Village, MD 20886
Montgomery Village metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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