200 Professional Dr Gaithersburg, MD 20879
- Office buildings
- 63,101 SF
- 3.70 lot acres
Current Use by Public Records
- Ameridream / Non-Profit Organization / Financial Planner
- Calvary Life Baptist Chapel / Baptist Church
- Rehoboth Chapel International,INC. / Church
- Just Trust Solutions / Consultant
Property Details for 200 Professional Dr
- Year built
- 1982
- Construction
- BRICK
- Lot size
- 3.70 lot acres
- Property size
- 63,101 SF
- Zone code
- MXD
- Property type
- Office buildings
- APN
- 09-02214732
- APU
- 902214732
Description
This exceptional four-story Class B office building, located at 200 Professional Drive, Suite 300, Gaithersburg, MD 20879, presents a unique investment or owner-occupier opportunity. The property boasts a total of 63,000 square feet, with 35,000 square feet currently vacant, offering significant potential. Situated on a 3.7-acre lot, the building benefits from convenient access to Route 355 and the new I-270 interchange, ensuring excellent visibility and accessibility. The building underwent renovations in 2024, and features include elevators. The property is suitable for a variety of uses, including executive office space, medical office space, and biotech companies. The single-tenant occupancy allows for flexibility and control. This is a rare opportunity to acquire a substantial office building in a thriving Maryland location. The building's size and location make it ideal for a large company seeking to establish a significant presence in the area or for an investor looking for a strong return. The ample vacant space provides the opportunity for immediate occupancy or lease-up potential. Don't miss this chance to own a prime piece of commercial real estate in Gaithersburg.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,160,000
- 6.5%
- $5,470,000
- 7%
- $5,520,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,105,000
- Geo Method
- $6,250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,215,000
- Retail
- $5,685,000
- Mixed-Use
- $5,270,000
- Hospitality
- $6,380,000
- Educational
- $6,075,000
- Residential Income
- $5,315,000
- Energy
- $5,945,000
- Income-Based Land
- $6,415,000
- Food Service
- $4,935,000
Location Insight
- Map
- Local Demand
- City
- Gaithersburg
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.2286
- Latitude
- 39.1632
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA