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Property profile & analytics
FOR LEASE
Office buildings
6 Montgomery Village Ave Gaithersburg, MD 20879
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0073105
No photos on file
For Lease
$12,270,000
6 Montgomery Village Ave, Gaithersburg, MD 20879
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
BRICK
Total area
123,553 SF
Lot
3.22 ac (140,262 SF)
Zoning code
C2
APN
09-01534511
UPID
US40-0073105
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
-
Euclid Techlabs LLC Research And Product Development Electronics Company
-
Firehouse Deli Food Market Restaurant
-
Alan J. Dinkin, DDS PA Dental Office
-
Henry C. Clarke, Jr., P.A. Law Firm
-
Burgos & Burgos, LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.22M
Blend (final)
Blend
$12.27M
Owner & transaction history
Premier Executive Center LLC · 1 yrs held
Premier Executive Center LLC
since 2024
Last sale
$8.2M
7 recorded transactions
Zoning & alternative use
C2 · Gaithersburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.27M
Range $11.04M – $13.50M · ±10% · vs last sale $8.20M (May 7 2024)
Last sale anchor
$8.20M
May 7 2024
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
$99 / 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
$160,226
Tax year 2022
Assessed value
$9,834,200
Assessed 2023
Previous assessed
$11,435,600
-14.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$2,845,900
Assessed improvement
$6,988,300
Land market value
$2,845,900
Improvement market value
$6,988,300
Total market value
$9,834,200
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
For Lease
Year built
1982
Construction
BRICK
Heating
YES
Cooling
YES
Stories
6
Units
1
Total area
123,553 SF
Lot
3.22 ac (140,262 SF)
Zoning code
C2
APN
09-01534511
UPID
US40-0073105
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
C2 · Gaithersburg, MD
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
1982
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
6
Units
1
Lot
3.22 ac
Current owner
From public records · entity-resolved
Premier Executive Center LLC
Entity
Mailing address
1000 MAIN ST STE #2400, HOUSTON, TX 77002-6359
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2024
$8,200,000
Premier Executive Center LLC
Montgomery Center Investors LP
Special Warranty Deed
$5,220,000 · Aafmaa Mortgage LLC
Dec 4, 2020
$270,000
Edward A Turner
Susan Y Cheng
Grant Deed
$70,000 · Mortgage Access
Dec 18, 2013
$12,400,000
Montgomery Center Investors LP
Montgomery Executive Center
Grant Deed
$10,791,887 · American National Insurance Co
Aug 25, 2011
—
Montgomery Executive Ctr LLC
—
Deed Of Trust
related
$26,450,000 · Cpusi Co-investment Hldgs LLC
Jun 15, 2006
$18,812,800
Montgomery Executive Center LLC
Glenborough Fund Viii LLC
Grant Deed
—
Dec 1, 1998
$9,595,000
Glenborough Fund 8 LLC
Glenborough Properties LP
Trustees Deed
related
—
Sep 16, 1997
$9,461,560
Glenborough Properties LP
T,rowe Price Rea
Grant Deed
related
—
—
—
Glenborough Fund Viii Lc
—
Deed Of Trust
related
$55,941,299 · Archon Financial LP
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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