19514 Doctors Dr Germantown, MD 20874
- Commercial real estate
- 1,133 SF
- 0.11 lot acres
Current Use by Public Records
- United - Book A Flight / Airline
- Advanced Women's Care, Inc. / Obstetrician-Gynecologist
- Aniqa Saafan Malik / Pediatrician
- Echo Communications / Graphic Designer
Property Details for 19514 Doctors Dr
- Lot size
- 0.11 lot acres
- Property size
- 1,133 SF
- Zone code
- R200
- Property type
- Commercial real estate
- APN
- 09-02761388
- APU
- 902761388
Description
This exceptional 1,133-square-foot medical office space is available for sale at $356,895 ($315/SF). Located at 19514 Doctors Drive in Germantown, Maryland, this Class B property is situated within the serene Northlake Medical Park. The single-tenant space is currently vacant and offers a fantastic opportunity for medical practices seeking a move-in ready location. The property benefits from a Net Net Net (NNN) lease structure. Its convenient location near Germantown Holy Cross Hospital and the vibrant Germantown Town Center provides excellent access to a large patient base and numerous amenities. The Northlake Medical Park itself fosters a collaborative environment with a variety of established medical practices. This presents a unique chance to establish or expand a medical practice within a thriving healthcare community. The property is in Montgomery County, Maryland, zip code 20874. This is a rare opportunity to acquire a well-situated medical office space in a desirable location. The property's serene campus setting and strong tenant mix make it an attractive investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $295,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $225,000
- Mixed-Use
- $240,000
- Hospitality
- $265,000
- Educational
- $300,000
- Residential Income
- $270,000
- Energy
- $305,000
- Income-Based Land
- $260,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- Germantown
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.2685
- Latitude
- 39.1752
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA