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Financial
Distress signals
Property profile

415 E Diamond Ave Gaithersburg, MD 20877

FOR LEASE
Retail space
Property ID
US40-0270652
8,694 SF 0.52 ac lot Built 1889
Last sale Jan 2019 · $1,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use commercial property is located in Gaithersburg, Maryland, within the Olde Town area and part of a broader town-center redevelopment concept intended to include retail, office, and multi-family components. The property is associated with the Olde Town Gaithersburg MARC Train station on the Brunswick line. It was re-zoned to CBD while retaining I1 use until a future use change. The site is configured to support mixed uses, including retail and office, along with multi-family development potential consistent with the redevelopment plan.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$24k
Tax billed · 2022
Assessed value · 2023$1.82M
Assessed land$283k
Assessed improvement$1.54M
Effective rate1.32%

Value estimate

· Oct 2026
$1.99M
$1.79M – $2.18M
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$8k
Operating expenses−$10k
NOI · 1,486.10% cap applied$30k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$552/SF
County average, outlier-cleaned · 91 recorded sales of this use type
Observed band · Q1–Q3$268 – $1,001
Qualifying comparables14

Cap rate analysis

How does the asset earn?
1,486.10%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
The purpose of CBD Zone is intended to foster revitalization by promoting a desirable mix of commercial, office and residential uses, and...
General categoryCOMMERCIAL
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.9
Locksmith8.5
Butcher8.4

Location

415 E Diamond Ave Gaithersburg, MD 20877
County assessor Recorded deeds · 10 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Frederick, Gaithersburg, MD 20877-2488 $1,200,000 Jul 2025 7,865 SF
106 Frederick, Gaithersburg, MD 20877-2463 $1,400,000 Jul 2025 3,840 SF
221 Diamond, Gaithersburg, MD 20877-3015 $1,000,000 Jun 2025 4,752 SF
300 Frederick, Gaithersburg, MD 20877-2407 $6,200,000 Jun 2022 5,520 SF
22 Smt, Gaithersburg, MD 20877-2922 $1,700,000 Oct 2020 3,510 SF
611 Frederick, Gaithersburg, MD 20877-1241 $3,285,000 Jul 2019 6,650 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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