Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    211 Russell Ave Gaithersburg, MD 20877-2814

    • Assisted living facilities
    • 136,135 SF
    • 13.42 lot acres
    OFF-MARKET
    Value Estimation
    $930,000
    Location Intelligence
    Property ID
    US40-1585445
    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

    • Park View Apartments / Apartment Building
    • Greene Stefanie K MD / Doctor

    Property Details for 211 Russell Ave

    Year built
    1984
    Lot size
    13.42 lot acres
    Property size
    136,135 SF
    Zone code
    R90
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    09-03683736
    APU
    903683736

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $860,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,195,000
      6.5%
      $1,075,000
      7%
      $1,200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,280,000
      Geo Method
      $1,065,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $985,000
      Retail
      $1,295,000
      Mixed-Use
      $1,360,000
      Hospitality
      $1,345,000
      Educational
      $1,105,000
      Residential Income
      $1,330,000
      Energy
      $1,230,000
      Income-Based Land
      $1,110,000
      Food Service
      $1,320,000

    Location Insight

    • Map
    • Local Demand
    City
    Gaithersburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1958
    Latitude
    39.1476
    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
    $21,113
    $1,296,300
    $8,596,500
    $9,892,800
    -
    $1,296,300
    $8,596,500
    $9,892,800

    Comparable in this City

    • Value Estimation by Request
      102,819 SF

      201 Russell Ave

      HOMES (RETIRED, NURSING) • 102,819 SF
      201 Russell Ave, Gaithersburg, MD 20877-2800
      View Details
    • Value Estimation
      $335,000
      1,507 SF

      17100 King James Way

      HOMES (RETIRED, NURSING) • 1,507 SF
      17100 King James Way, Gaithersburg, MD 20877-2203
      View Details
    • Value Estimation
      $645,000
      2,250 SF

      16616 Shea Ln

      HOMES (RETIRED, NURSING) • 2,250 SF
      16616 Shea Ln, Gaithersburg, MD 20877-1232
      View Details
    • Value Estimation
      $395,000
      2,578 SF

      9 Desellum Ave

      MEDICAL BUILDING • 2,578 SF
      9 Desellum Ave, Gaithersburg, MD 20877-1957
      View Details
    • Value Estimation by Request
      1,900 SF

      9055 Shady Grove Ct

      Medical offices • 1,900 SF
      9055 Shady Grove Ct, Gaithersburg, MD 20877
      View Details
    • Value Estimation
      $1,450,000
      10,840 SF

      26 Smt Ave

      MEDICAL BUILDING • 10,840 SF
      26 Smt Ave, Gaithersburg, MD 20877-2905
      View Details

    Similar Nearby for Sale

    • $599,000
      1,900 SF

      Gaithersburg Office Space - $599,000

      1,900 SF Office, Prime Location
      9055 Shady Grove Ct, Gaithersburg, MD 20877
      View Details
    • $749,000
      0.23 Acres

      Charming Cottage in Gaithersburg

      Unique cottage in Gaithersburg's Residential Buffer Zone, suitable for business or residential.
      1 Montgomery Ave, Gaithersburg, MD 20877
      View Details
    • $275,000
      931 SF

      Gaithersburg Office Space For Sale

      First floor office space with tenant in place until 2027.
      16001-16081 Comprint Cir, Gaithersburg, MD 20877
      View Details
    • $575,000

      Land for Sale

      Land available for sale.
      128 Washington Grove Ln, Gaithersburg, MD 20877
      View Details
    • $499,500

      Gaithersburg Specialty Property For Sale

      Specialty property available for purchase in Gaithersburg, Maryland.
      8547 Emory Grove Rd, Gaithersburg, MD 20877
      View Details
    • $1,200,000

      Gaithersburg Specialty Property for Sale

      Specialty property available for purchase in Gaithersburg, Maryland.
      217 Central Ave, Gaithersburg, MD 20877
      View Details

    Similar Nearby for Lease

    • $100,000

      Turnkey Salon in Gaithersburg, MD

      Ready-to-operate beauty salon for sale in prime Gaithersburg location.
      501 N Frederick Ave, Gaithersburg, MD 20877
      View Details
    • Contact for pricing
      2,100 SF

      270 Center Retail Space Available

      Gaithersburg retail space, 2100 sq ft.
      15790 Shady Grove Rd, Gaithersburg, MD 20877
      View Details
    • $1,600 /Mo
      30,928 SF

      Office Space in Gaithersburg, MD

      Office space for lease in Gaithersburg, Maryland.
      431 N Frederick Ave, Gaithersburg, MD 20877
      View Details
    • Contact for pricing
      5,130 SF

      Warehouse with Loading Docks

      Open warehouse space with loading docks and drive-in access.
      16598-16742 Oakmont Ave, Gaithersburg, MD 20877
      View Details
    • Contact for pricing
      1,059 SF

      Retail Space in Gaithersburg

      Inline retail space with excellent visibility and accessibility.
      274-300 N Frederick Ave, Gaithersburg, MD 20877
      View Details
    • Contact for pricing
      5,750 SF

      Gaither Road Warehouse For Rent

      Warehouse with frontage on Gaither Road, convenient loading, easy access.
      9121-9129 Gaither Rd, Gaithersburg, MD 20877
      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.
    211 Russell Ave
    Gaithersburg, MD 20877-2814
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.