Property profile

3200 Tower Oaks Blvd 1A1 Rockville, MD 20852

OFF-MARKET
Other office properties
Property ID
US40-2348112
5,823 SF 1 ac lot
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A 6,320-square-foot top-floor office condominium is located in Rockville’s Tower Oaks Professional Park, off Old Georgetown Road. The suite includes a large reception area, multiple private offices, and several conference rooms, and is oriented toward wooded views. The space is arranged to support professional uses, including medical practices, law firms, financial services, and similar office operations. The building had new elevators installed and features a replaced roof, and it offers ample surface parking as well as a covered garage. The condominium configuration includes water and heating as part of the condo fee. The property is positioned less than a minute from interstates I-270 and I-370.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Total area 5,823 SF
Lot 1 ac (43,560 SF)
Zoning code I3
APN 04-03547365
UPID US40-2348112

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
  • Physician Medical Clinic
  • Physician
  • Ophthalmologist
  • Physician
  • Physician

Location

3200 Tower Oaks Blvd, Unit 1A1 Rockville, MD 20852-4216
Rockville metro Census 701001 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
$1.17M
Comparable Approach Comparable
$968k
Blend (final) Blend
$910k

Owner & transaction history

4 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I3 · Rockville, MD

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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