Property profile

700 Professional Dr Gaithersburg, MD 20879

OFF-MARKET
Office buildings
Property ID
US40-0843635
67,808 SF 8.89 ac lot Built 1982
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Total area 67,808 SF
Lot 8.89 ac (387,031 SF)
Zoning code MXD
APN 09-02214652
UPID US40-0843635

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

700 Professional Dr Gaithersburg, MD 20879-3418
Gaithersburg metro Census 700733 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.84M
CAP Approach CAP
$13.60M
Comparable Approach Comparable
$13.54M
Blend (final) Blend
$11.32M

Owner & transaction history

since 2023
Last sale
$10.0M
1 recorded transaction
2023
$10.0M

Zoning & alternative use

MXD · Gaithersburg, MD
Zoning description

The purpose of MXD zone is to provide a more flexible approach to the comprehensive design and development of multi use projects

General category MIXED_USE

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 700 Professional Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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