Property profile

131 Rollins Ave Ste 1a Rockville, MD 20852

OFF-MARKET
Commercial real estate
Property ID
US40-0903396
776 SF 0.04 ac lot
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 937-square-foot office space is ideally situated at 131 Rollins Avenue, Unit 2-131, in the vibrant city of Rockville, Maryland. Offered at $349,900, this property presents a compelling opportunity for businesses seeking a well-located and functional workspace. The unit is conveniently located within a larger building, offering easy access and ample parking. The space itself is versatile and adaptable to a variety of business needs, making it suitable for a range of professional uses. While specific details regarding interior layout and finishes are not currently available, the square footage provides ample room for offices, meeting areas, and support spaces. The property's location in Rockville offers easy access to major transportation routes, providing convenient commutes for employees and clients alike. Rockville's thriving business environment and diverse amenities further enhance the appeal of this investment opportunity. The absence of land (0 acres) indicates a focus on the building itself and its functional space. This property is an excellent choice for businesses seeking a well-priced, conveniently located office space in a desirable Maryland market. Serious inquiries are encouraged to explore the potential of this promising commercial property. The asking price reflects the current market value and the property's strong potential for return on investment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 776 SF
Lot 0.04 ac (1,820 SF)
Zoning code C2
APN 04-02516940
UPID US40-0903396

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Advertising Agency Marketing & Advertising
  • Accounting Firm
  • Production Facility
  • Accounting Firm Tax Preparation

Location

131 Rollins Ave Ste 1a Rockville, MD 20852-4039
Rockville metro Census 700904 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2008
2 recorded transactions
2008
$600,000
1969
Price N/A

Zoning & alternative use

C2 · Rockville, MD

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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