Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 W Edmonston Dr Rockville, MD 20852

    • Medical Office Space
    • 9,200 SF
    • 0.63 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0766428
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Radiology On Call / Physician / Medical Clinic
    • Basen Walter B MD / Physician / Medical Clinic

    Property Details for 101 W Edmonston Dr

    Year built
    1991
    Construction
    BRICK
    Lot size
    0.63 lot acres
    Property size
    9,200 SF
    Zone code
    MXCD
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    04-02043933
    APU
    402043933

    Description

    This exceptional executive office space at 101 W. Edmonston Drive in Rockville, Maryland, offers three available suites within a 3,559 square foot building. Each suite provides a minimum of 1,167 square feet, with the largest contiguous space measuring 1,196 square feet. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. The property is conveniently located in Montgomery County, Maryland, with the precise address being 101 W Edmonston Dr, Rockville, MD 20852. Ample parking is available, with four parking spaces provided per unit. The property type is classified as an office building, specifically designed for executive office use. This presents an ideal location for businesses seeking a prestigious and functional workspace in a thriving area. The flexible space allows for customization to meet individual business needs. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1374
    Latitude
    39.0735
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $14,665
    $875,600
    $47,600
    $923,200
    -
    $875,600
    $47,600
    $923,200

    Comparable in this City

    • Value Estimation
      $775,000
      30,150 SF

      12111 Parklawn Dr

      MEDICAL BUILDING • 30,150 SF
      12111 Parklawn Dr, Rockville, MD 20852-1707
      View Details
    • Value Estimation
      $3,205,000
      65,067 SF

      6111 Executive Blvd

      MEDICAL BUILDING • 65,067 SF
      6111 Executive Blvd, Rockville, MD 20852-3911
      View Details
    • Value Estimation
      $845,000
      11,861 SF

      11404 Old Georgetown Rd

      MEDICAL BUILDING • 11,861 SF
      11404 Old Georgetown Rd, Rockville, MD 20852-2892
      View Details
    • Value Estimation
      $1,845,000
      47,522 SF

      50 Edmonston Dr

      MEDICAL BUILDING • 47,522 SF
      50 Edmonston Dr, Rockville, MD 20852-1228
      View Details
    • Value Estimation
      $7,375,000
      5,256 SF

      750 Rockville Pike

      MEDICAL BUILDING • 5,256 SF
      750 Rockville Pike, Rockville, MD 20852-1133
      View Details
    • Value Estimation
      $1,080,000
      13,800 SF

      3203 Tower Oaks Blvd

      MEDICAL BUILDING • 13,800 SF
      3203 Tower Oaks Blvd, Rockville, MD 20852-4258
      View Details

    Similar Nearby for Sale

    • $650,000

      Medical Office in Rockville, MD

      Medical office for sale or rent in Rockville, Maryland.
      5948 Hubbard Dr, Rockville, MD 20852
      View Details
    • $482,995

      Renovated Rockville Office Condo For Sale

      Renovated office condo with long-term medical tenant near Pike & Rose.
      6181 Executive Blvd, Rockville, MD 20852
      View Details
    • Contact for pricing
      2,999 SF

      Rockville Office Building For Sale

      Two-story office building with 2,999 square feet available for sale.
      6129-6163 Executive Blvd, Rockville, MD 20852
      View Details
    • Contact for pricing
      0.05 Acres

      Rockville Medical Office Space for Lease

      Four Rooms or Entire Suite Available
      5948 Hubbard Dr, Rockville, MD 20852
      View Details
    • $1,049,000

      Two-Level End Unit Near Metro

      Two-level end unit near Pike and Rose and Metro.
      6259 Executive Blvd, Rockville, MD 20852
      View Details
    • Contact for pricing
      11,192 SF

      Rockville Flex Space Available

      Versatile space suitable for office, retail, or flex use.
      12231 Parklawn Dr, Rockville, MD 20852
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      5,711 SF

      North Bethesda Office Suites

      Flexible workspace solutions in Montgomery County.
      12358 Parklawn Dr, North Bethesda, MD 20852
      View Details
    • $4,900 /Mo

      Medical Office Space Available

      Medical office space for rent or sale with multiple rooms.
      5948 Hubbard Dr, Rockville, MD 20852
      View Details
    • Contact for pricing
      1,593 SF

      Medical Office in Rockville, MD

      1,593 SF medical office space for lease.
      152 Rollins Ave, Rockville, MD 20852
      View Details
    • $4,900 /Mo
      2,178 SF

      Medical Office Space For Rent

      Medical office space available for rent in Rockville, Maryland.
      5948 Hubbard Dr, Rockville, MD 20852
      View Details
    • $1,500 /Mo

      Remodeled Office Space Near Pike Rose

      Modern office space in North Bethesda, move-in ready and well-located.
      6255 Executive Blvd, Rockville, MD 20852
      View Details
    • $2,995 /Mo
      6,534 SF

      Renovated Rockville Office Space Available

      Furnished office condo with upgrades, near Pike & Rose.
      6183 Executive Blvd, Rockville, MD 20852
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 W Edmonston Dr
    Rockville, MD 20852
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!