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

    20450 Century Blvd, Unit LU1 Germantown, MD 20874-1174

    • Life science properties
    • 52,500 SF
    OFF-MARKET
    Last Sale
    Oct 21, 2020
    $4,975,000
    Value Estimations
    $5,095,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1819157
    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

    • DataLab USA / Advertising Agency / Marketing & Advertising

    Property Details for 20450 Century Blvd

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    52,500 SF
    Zone code
    CR2.0
    Property type
    Life science properties
    APN
    02-03852558
    APU
    203852558

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,945,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $7,355,000
      RETAIL STORES
      $6,950,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Germantown
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2676
    Latitude
    39.1942
    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
    2024
    $70,350
    $2,558,500
    $2,265,200
    $4,823,700
    -
    $2,558,500
    $2,265,200
    $4,823,700

    Comparable in this City

    • Value Estimation
      $905,000
      28,667 SF

      12321 Middlebrook Rd

      R&D FACILITY, LABS, PHARMA • 28,667 SF
      12321 Middlebrook Rd, Germantown, MD 20874-1591
      View Details
    • Value Estimation
      $5,445,000
      228,946 SF

      19300 Germantown Rd

      R&D FACILITY, LABS, PHARMA • 228,946 SF
      19300 Germantown Rd, Germantown, MD 20874-1415
      View Details
    • Value Estimation
      $4,095,000
      76,180 SF

      19300 Germantown Rd

      R&D FACILITY, LABS, PHARMA • 76,180 SF
      19300 Germantown Rd, Germantown, MD 20874-1415
      View Details
    • Value Estimation
      $16,595,000
      49,501 SF

      20301 Century Blvd

      R&D FACILITY, LABS, PHARMA • 49,501 SF
      20301 Century Blvd, Germantown, MD 20874-9172
      View Details
    • Value Estimation
      $22,995,000
      52,800 SF

      20440 Century Blvd, Unit LU2

      R&D FACILITY, LABS, PHARMA • 52,800 SF
      20440 Century Blvd, Germantown, MD 20874-7115
      View Details
    • Value Estimation
      $22,995,000
      32,100 SF

      20430 Century Blvd, Unit LU3

      R&D FACILITY, LABS, PHARMA • 32,100 SF
      20430 Century Blvd, Germantown, MD 20874-1174
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,100 SF

      Germantown Medical/Office Condos For Sale

      Professional medical and office condos in Germantown Town Center.
      12850 Middlebrook Rd, Germantown, MD 20874
      View Details
    • Contact for pricing

      Land For Sale Darnestown

      Land available for sale in Darnestown, Maryland.
      14112 Seneca Rd, Darnestown, MD 20874
      View Details
    • $995,000

      25 Acre Lot in Germantown

      25-acre lot near Seneca Creek State Park and amenities.
      15313 Darnestown Rd, Germantown, MD 20874
      View Details
    • $2,857,896
      7,896 SF

      Germantown Medical Office Building

      Class A, Vacant, Move-In Ready
      12800 Middlebrook Rd, Germantown, MD 20874
      View Details
    • Contact for pricing
      3,535 SF

      Germantown Medical/Office Condos For Sale

      Professional medical and office condos in Germantown Town Center.
      12800 Middlebrook Rd, Germantown, MD 20874
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      23,846 SF

      Germantown Flex/Industrial Space Available

      Flex/industrial space available for lease in Germantown, Maryland.
      20430 Century Blvd, Germantown, MD 20874
      View Details
    • Contact for pricing
      16,242 SF

      Germantown Flex Space Available

      Flex space available for rent in Germantown, Maryland.
      12920 Cloverleaf Center Dr, Germantown, MD 20874
      View Details
    • Contact for pricing
      5,400 SF

      Germantown Flex / Industrial Space

      Flex and industrial space available for lease in Germantown.
      13220 Wisteria Dr, Germantown, MD 20874
      View Details
    • Contact for pricing
      1,766 SF

      Retail Space on Century Boulevard

      Retail space available in Germantown, Maryland, on Century Boulevard.
      19851-19873 Century Blvd, Germantown, MD 20874
      View Details
    • Contact for pricing
      1,374 SF

      Retail Space in Germantown

      Centrally located retail space in established Germantown neighborhood.
      19704 Germantown Rd, Germantown, MD 20874
      View Details
    • Contact for pricing
      2,203 SF

      Germantown Office Space For Rent

      Two-story office space with loading dock available for rent.
      20440 Century Blvd, Germantown, MD 20874
      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.
    20450 Century Blvd, Unit LU1
    Germantown, MD 20874-1174
    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!