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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Office buildings
204 Main St Gaithersburg, MD 20878-5522
Individually Owned
3-yr Hold
Free & Clear
Property ID
US40-2395401
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
BRICK
Total area
2,880 SF
Lot
0.03 ac (1,112 SF)
Zoning code
MXD
APN
09-03223652
UPID
US40-2395401
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Scale Creative Group, LLC (Bike/Boat/Book/etc) Store Corporate Office
-
Bitcoin Depot - Bitcoin ATM Crypto Atm Atm
-
The Beauty Getaway Nail Salon
-
Smoke World, Gaithersburg (Bike/Boat/Book/etc) Store
-
Alluring Smiles Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$542k
Blend (final)
Blend
$600k
Owner & transaction history
George Musa Shamounki · 3 yrs held
George Musa Shamounki
since 2022
7 recorded transactions
Zoning & alternative use
MXD · Gaithersburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$900,000
+7.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gaithersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gaithersburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$580,000
7%
$535,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$840,000
Current use
WAREHOUSE, STORAGE
$900,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$208 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$12,430
Tax year 2022
Assessed value
$950,000
Assessed 2023
Previous assessed
$950,000
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$266,800
Assessed improvement
$683,200
Land market value
$266,800
Improvement market value
$683,200
Total market value
$950,000
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2001
Construction
BRICK
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
2,880 SF
Lot
0.03 ac (1,112 SF)
Zoning code
MXD
APN
09-03223652
UPID
US40-2395401
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXD · Gaithersburg, MD
Zoning MXD · permitted uses
MXD · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gaithersburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$840,000
WAREHOUSE, STORAGE
Est. value
$900,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
George Musa Shamounki
Individual
Free & Clear · 3 yrs held
Mailing address
12344 SWEETBOUGH CT, NORTH POTOMAC, MD 20878-4745
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2022
—
George Musa Shamounki
George Shamounki
Gift Deed
related
—
Jun 19, 2006
—
George Shamounki
Shamounki,george
Quit Claim Deed
related
—
Nov 3, 2005
$1,140,000
George Shamounki
Ki,kevin & Ari
Grant Deed
—
May 25, 2004
$835,000
Kevin Ki
Myaing,ramon T & Martha
Grant Deed
$645,000 · Oba Fsb
Mar 29, 2001
$447,420
Ramon T Myaing
Clarksburg Center Associates
Grant Deed
$450,000 · Presidential Bank
Oct 28, 1998
$945,750
Clarksburg Center Assoc INC
Great Seneca Development Corp
Grant Deed
$3,800,000 · Chevy Chase Savings Bank
—
—
Ramon Myaing
—
Deed Of Trust
related
$209,000 · Mid-atlantic Business Finance
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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