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    200 Professional Dr Gaithersburg, MD 20879-3417
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    Property profile & analytics

    200 Professional Dr, Gaithersburg, MD 20879-3417

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    • Office buildings
    • 63,101 SF
    • 3.70 lot acres
    Off-Market
    Last Sale Mar 3, 2023
    $5,700,000
    Property ID
    US40-0249995
    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.

    Value Estimations
    $6,200,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ameridream / Charitable Organization / Social Service Agency
    • Calvary Life Baptist Chapel / 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
    Zone code
    MXD
    Property type
    Office buildings
    APN
    09-02214732
    APU
    902214732

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 3, 2023 $5,700,000 K&malay LLC 200 Professional Drive Holdings LLC Deed $4.8M · Wesbanco Bank INC
    Jun 30, 2010 $4,050,000 200 Professional Drive Holding Kremen,richard M Trustees Deed $2.6M · Eagle Bank
    Dec 14, 2001 $6,800,000 Twg Professional Dr LLC Montgomery County Teachers FCU Grant Deed $6.5M · Montgomery County Teachers FCU
    — — 200 Professional Drive Hldgs — Deed Of Trust · related $130k · Adelaide Tenembaum
    — — Twg Professional Drive LLC — Deed Of Trust · related $10.5M · Kbs/jcr Debt Holdings LLC
    — — 200 Professional Drive Hldgs — Deed Of Trust · related $180k · Adelaide Tenembaum
    — — 200 Professional Drive Hldgs — Deed Of Trust · related $280k · Adelaide Tenembaum
    — — Twg Professional Drive LLC — Deed Of Trust · related $625k · Mercantile Potomac Bank
    — — 200 Professional Drive Holding — Deed Of Trust · related $2.9M · Eagle Bank
    — — 200 Professional Driver Hldgs — Deed Of Trust · related $450k · Douglas H Legum

    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,450,000
      ML approach
      $6,990,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $6,150,000
      Market price range: $3.53M - $19.6M

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


    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

    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
    $78,265
    $2,024,300
    $3,364,500
    $5,388,800
    -
    $2,024,300
    $3,364,500
    $5,388,800
    More about this property
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