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200 Professional Dr Gaithersburg, MD 20879

Office buildings Google Maps
63,101 SF 3.7 ac lot Built 1982
Entity Owned 3-yr Hold ~ Est. High Equity
Estimated value (blended)
$6.45M
Range $5.81M – $7.10M (±10%)
Property ID US40-0249995

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction BRICK
Total area 63,101 SF
Lot 3.7 ac (161,172 SF)
Zoning code MXD
APN 09-02214732
UPID US40-0249995

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
  • Charitable Organization Social Service Agency
  • Church
  • Church
  • Consultant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.99M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.15M
Blend (final) Blend
$6.45M

Owner & transaction history

since 2023
Last sale
$5.7M
7 recorded transactions
2023
$5.7M
2010
$4.1M
2001
$6.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MXD · Gaithersburg, MD
Zoning description

The purpose of MXD zone is to provide a more flexible approach to the comprehensive design and development of multi use projects

General category MIXED_USE

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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